Trump’s Shock Airstrikes Ignite Global Chaos—Here’s How Crypto Markets Are Reacting

Geopolitical shockwaves hit as Trump orders unexpected military strikes—sending tremors through traditional markets and crypto alike.

Safe-haven flows or risk-off panic?

Bitcoin whipsawed 8% within hours as traders scrambled—gold spiked while oil futures went parabolic. The 'digital gold' narrative faces its ultimate stress test.

Algos gone wild

DeFi liquidation cascades wiped out $120M in leveraged positions within minutes. CEX order books showed market makers pulling liquidity faster than a Trump tweet gets deleted.

The cynical take

Wall Street's 'hedge against inflation' crowd suddenly remembers crypto's real superpower: being the only asset that trades 24/7 when politicians lose their minds. Funny how that works.

International and Economic Impacts

Following the global trade wars, the world now faces the looming threat of a third world war. After winning the elections on promises of lower inflation, reduced government spending, and a peaceful U.S., TRUMP has drastically shifted course. He now seems willing to risk the country’s economy for the benefit of Israeli interests. If Iran were to close the Strait of Hormuz in response, it could drive oil prices above $100. An attack on U.S. bases could spark a large-scale conflict lasting years. The U.S. is at a pivotal point, confronted with the significant threats of massive war expenditures, inflation fueled by rising oil prices, and an ongoing recession risk.

Upcoming Events in the Crypto Calendar

Throughout the week, potential Iranian attacks on the Strait of Hormuz and U.S. bases in the region will be closely monitored. The Fed officials’ speeches, including Chair Powell’s testimony and various economic indicators, will provide further insight into the week’s developments. Key events include:

June 23, Monday

• Potential Iranian attacks to be monitored throughout the week.
• 17:00 Bowman from the Fed will speak.
• 20:10-21:30 Statements from 3 Fed members.

June 24, Tuesday

• 17:00 Fed Chair Powell will testify before the Senate Banking Committee.
• 17:00 U.S. CB Consumer Confidence (Expectation: 99 Previous: 98).
• 19:30 Fed/Barr.
• 21:00 Fed/Collins.

June 26, Thursday

• 15:30 U.S. GDP Quarterly (Expectation and Previous: -0.2%).
• 15:45 and 16:00 Fed/Barkin and Hammack.

June 27, Friday

• 15:30 U.S. Core PCE (Expectation: 2.6% Previous: 2.5%).
• U.S. PCE (Expectation: 2.3% Previous: 2.1%).
• 17:00 Michigan Sentiment (Expectation and Previous: 60.5).

Iran claims minimal damage, while Israel asserts that their objective of striking nuclear facilities has been achieved. As the unstable tooth seems to have been extracted by the U.S. and Israel, negotiations could resume. Should there be no attacks on U.S. bases, Trump might ask Israel to halt its offensive actions. If the scenario of a world war is avoided, and the statements by officials are accurate, it is reasonable to believe fear and panic have peaked, leading to an eventual stabilization in the markets.

Throughout the week, the possibility of Iran eliminating the chance for negotiation by attacking U.S. bases will be closely watched. While this seems like a low probability, it cannot be ruled out. Powell’s two-day Senate testimony and Friday’s PCE data will reveal inflation’s stance. Another eventful week is beginning for cryptocurrencies.