Cryptocurrency markets declined broadly in mid-June 2025, with Bitcoin down 1.4% to $104,737. Ethereum is falling 1.6% to $2,525, XRP is dropping 3% to $2.15, and Dogecoin is extending losses for a fifth consecutive day to $0.17. Geopolitical tensions between Israel and Iran, combined with over $230 million in liquidations, drove the market-wide weakness.
Amid rising military tensions with Israel, Iran has imposed a near-total internet blackout, blocking access to key platforms like WhatsApp, Google Play, and Apple’s App Store. The move is seen as a method to control internal dissent and prevent the spread of outside information during the escalating conflict.
Gulf stock exchanges saw significant drops following an escalation in retaliatory air strikes between Iran and Israel. The conflict unnerved the region’s investors, prompting fears of disruptions to oil exports. Oil prices surged approximately 7% last week, triggering steep index losses—Saudi Arabia’s benchmark fell 1%, Qatar’s dropped 3.2%, and Kuwait plunged 4.6%. Egypt’s blue‑chip index declined 4.6%, marking its sharpest fall in more than a year
he recent Israeli airstrikes on Iran’s nuclear sites (Natanz, Isfahan, Fordow) have sent oil prices soaring to monthly highs (+7–11%) and triggered gold rallies and bond demand. Stock futures slipped—Dow futures plunged ~600 points—while airline stocks such as Lufthansa, Air France, KLM, and EasyJet dropped ~3–5% due to regional airspace concerns
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