Geopolitical Tensions Crumble Crypto Markets, But Some Altcoins Manage to Rise!
Jakarta, Pintu News – The escalating tensions between the United States and Iran have created an unfavorable atmosphere for crypto markets globally. In the last 24 hours, the global crypto market capitalization dropped by 6.2% to $3.16 trillion. Despite this, some altcoins managed to register significant gains.
Check out the full news here!
Global Crypto Market: An Observation
In the same period, trading volumes reached $148 billion. This decline shows how investors tend to avoid risky assets amid geopolitical uncertainty.
Instead, safe haven assets such as the US dollar, gold, and government bonds were the top choices. Although the US Dollar Index fell slightly to 98.774 (-0.01%), analysts predict that demand for safe haven assets will increase its strength in the near future.
Read also: Market Crash After Iran vs. US War? Here are 3 Altcoins that Soared Highly
Altcoins that Go Against the Current
Despite the overall market decline, some altcoins managed to post impressive gains.
Gains Network surged by 49.8%, followed by Poollotto.finance which rose by 38.2%, and meme coin Banana For Scale which increased by 21.3%.
This increase shows that despite the general market sluggishness, there are still growth opportunities within certain segments of the crypto market.
Also read: Crypto markets plummet, US-Iran geopolitical tensions rise!
Macroeconomic Impact of Geopolitical Tensions
Geopolitical tensions often have far-reaching macroeconomic impacts, such as inflationary pressures from rising oil prices or interest rate hikes by central banks.
This negatively affects sentiment towards crypto, especially when higher interest rates make risky assets less attractive. Investors tend to seek safety amidst uncertainty, choosing to avoid the volatility often associated with cryptos.
Conclusion
The recent drop in crypto prices confirms how sensitive this market is to global events. Heightened uncertainty often results in rapid changes in investor appetite.
Although crypto is a decentralized asset, it is still considered a speculative investment by many. When conflicts arise, security comes first rather than taking risks.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Crypto News. Geopolitical Tensions Cause Crypto to Crater Despite Select Altcoin Gains. Accessed on June 24, 2025
- Featured Image: Generated by AI
