Crypto Volatility Spikes Amid Israel-Iran Tensions: What’s Next for Bitcoin?

• Israel-Iran conflict spiked crypto market volatility, wiping $200B in value from total market cap.
• Bitcoin shows resilience, holding steady between $104K and $105K despite geopolitical uncertainty.
• Nobitex crypto exchange faces breach, but guarantees secure cold storage and promises full user compensation.

The current conflict between Israel and Iran has led to a marked increase in volatility in the whole cryptocurrency market. Analysis provided by Santiment indicates that market confidence plummeted by more than 30% between June 12th and 15th. This bearish outlook was accompanied by a 4-6% decline in the price of Bitcoin, which wiped out over $200 billion in the total market capitalization of crypto assets.