Bitcoin, Ethereum, XRP, Dogecoin Drop As Middle East Tensions Rise: Will BTC Still Hit $130K By October?
Posted On June 17, 2025
Cryptocurrencies are trading sharply lower amid rising geopolitical tensions. Fears of a broader Middle East conflict escalated after President Donald Trump hinted at a possible U.S. involvement in the Iran-Israel conflict. As global markets reel from rising war anxiety, concerns over economic and financial instability are bleeding into the crypto space, triggering a risk-off sentiment across major digital assets.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $104,778.99 | -3.7% |
| Ethereum (CRYPTO: ETH) | $2,504.78 | -5.6% |
| Solana (CRYPTO: SOL) | $148.73 | -6% |
| XRP (CRYPTO: XRP) | $2.18 | -5.9% |
| Dogecoin (CRYPTO: DOGE) | $0.1696 | -6.4% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001163 | -5.3% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 116.4%, and daily active addresses growing by 18.1%. Transactions greater than $100,000 are up from 7,374 to 11,517 in a single day. Exchanges’ net flows are down by 6,132.8%.
- Coinglass data reports that 151,244 traders were liquidated in the past 24 hours, with a total liquidation value of $513.47 million.
- Santiment data shows despite a drop in Bitcoin’s price, BTC ETFs are on a 5-day net inflow streak with more than $1.46 billion in money moving into BTC ETFs.
Notable Developments:
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