US Bombing Attacks on Iran Nuclear Sites Trigger Crypto Market Selloff

On June 22, the US conducted bombing attacks on three major Iranian nuclear sites: Fordo, Natanz, and Isfahan. The US claims these facilities were “obliterated” using GBU-57 bombs from a B-2 bomber, capable of penetrating 18 meters underground. Damage assessments remain unconfirmed.

Market prediction platform Polymarket indicates a 2% chance of an official war declaration against Iran and a 38% probability of a nuclear deal. This escalation follows missile exchanges between Iran and Israel since June 13, despite US intelligence asserting Iran is not developing a nuclear weapon.

Market Impact

The crypto market capitalization dropped nearly 2% to $3.14 trillion.
The CMC Fear and Greed Index fell to a two-month low of 40.
Bitcoin declined 1% to $102,400.
Ethereum decreased 7% to $2,260.
Concerns over potential US-Iran conflict increased recession probabilities for 2025 from 23% to 30%.
Current macroeconomic uncertainties may lead to further volatility in the cryptocurrency market.
The US Federal Reserve's decision to maintain interest rates could contribute to overall market correction.