This week reminded us once again how quickly geopolitical events can shift trends in the crypto market — and how unpredictable they can be. As tensions flared between Israel and Iran, Bitcoin plunged within minutes, pulling much of the market down with it. But just as fast, it began to rebound — not because of one single buyer, but because markets often recover faster than expected when panic fades.
Meanwhile, attention now turns to today’s Fed decision, where it’s not just the rate that matters, but how Jerome Powell explains it. Ethereum stayed quietly resilient through it all, while Solana took a hit from the sudden ban of Pump.fun, shaking confidence in its memecoin ecosystem.
Let’s explore what’s happening in CryptoUnity’s weekly crypto news.
Geopolitics Hit Hard: Bitcoin Drops on Israel–Iran Strikes
Bitcoin Drops as Israel Strikes Iran
Last week, just as Bitcoin (BTC) hovered less than 2% from its all-time high of $110,265, global markets were hit by a geopolitical shock. On the night of June 13, Israel launched airstrikes targeting Iran’s capital Tehran and reportedly nuclear-related sites. The news triggered panic across global markets — and crypto was no exception.
Bitcoin dropped from 92.000 € ($106,042) to 89.550 € ($103,053) within just 90 minutes, a nearly 3% plunge. The total crypto market cap fell by 4%, and over €371 million ($427 million) in long positions were liquidated. ETH, SOL, and most altcoins turned red. At one point, the market saw more than $1 billion in liquidations.
This was a clear reminder that even in strong bull trends, global events can shake up the market fast.
Oil Up, Bitcoin Down — But History Tells a Different Story
Traditional “safe haven” assets like gold and oil rose sharply — gold up 1.4%, oil up 11%. But history offers an interesting twist.
Analysts like Anthony Pompliano pointed out that Bitcoin often initially reacts negatively to these shocks — but tends to bounce back within 48 hours. In fact, past conflicts between Iran and Israel show that BTC tends to outperform gold and oil shortly after these dips.
Some data even suggests Bitcoin can rise up to 24% within days of sharp oil price increases. That’s because oil spikes usually mark the peak of fear — and for crypto, fear often brings opportunity.
Markets Rebound — And Strategy Buys Big
Despite the drop, the Fear & Greed Index stayed in the “greed” zone for an impressive 11 days. And Bitcoin’s resilience became clear again on Monday, when it recovered back to 94.000 € ($108,000).
One major sign of confidence? Strategy — led by Michael Saylor — bought another €870 billion ($1 billion) worth of BTC last week. That brings their holdings to 592,100 BTC, worth more than €35 billion ($41 billion). This kind of aggressive buying during geopolitical tensions is a sign of strength — in weaker markets, events like this would have sent Bitcoin crashing for days.
Escalation Continues — and Trump Adds Fuel
Unfortunately, the calm didn’t last. On Monday night, tensions escalated again. Iran responded by launching over 100 drones, and Israel promised to continue military operations. Then on Tuesday, Donald Trump stirred things up even more by calling Iran’s leader an “easy target” and hinting at direct attacks.
Markets reacted immediately. Bitcoin fell by another 1.730 € ($2,000), slipping from 94.000 € ($108,000) to around 92.000 € ($106,000) and continued dropping throughout the day. After a good stretch in the greed zone, the Fear & Greed Index finally dropped back to “neutral.” Investors are staying cautious, waiting to see what happens next. With tensions still rising and all eyes on the U.S. Fed meeting today, the market is holding its breath once again.
Fed Decision Today — But Powell’s Words Matter More
Today, the U.S. Federal Reserve will announce its interest rate decision — and while nearly everyone expects the rates to stay the same, that’s not the full story. What matters more is how the Fed explains the decision, and what it signals about the future.
Markets are listening closely to what Jerome Powell says at the press conference. Will he hint that a rate cut is coming soon? Or will rising oil prices and inflation fears push any cuts further into the future?
If the Fed sounds more relaxed, crypto could react positively — since lower rates are good for riskier assets like Bitcoin. But if Powell is cautious, we could see some short-term market hesitation. Bitcoin is currently stuck between 88.600 € ($102,000) support and 95.500 € ($110,000) resistance. If it breaks above, it could trigger a bullish rally — if it falls below, a deeper correction is possible.
For beginners, this is a great moment to watch and learn: how markets react to major macro events, and why it’s smart to have a plan in advance.
💡 Tip for beginners: The market often moves on how the Fed speaks, not just what they decide.
Ethereum’s Outlook: Quiet Confidence Beneath the Surface
While most eyes are on Bitcoin and the Fed this week, Ethereum (ETH) is quietly showing strength where it matters. Despite last week’s volatility and geopolitical fears, ETH held its key support around 2.100 € – 2.170 € ($2,400–$2,500). But the bigger story is what’s happening behind the scenes.
Large investors — including institutions and crypto whales — are buying. In fact, over €3.2 billion ($3.7) billion worth of ETH has been added to their wallets in just the last 30 days. At the same time, staking has hit a new record: more than 35 million ETH is now locked up, which means fewer coins are available to sell. That often creates price pressure over time.
One major event stood out: SharpLink bought €402 million ($463 million) in ETH, making it the world’s biggest publicly traded holder of Ethereum. Moves like this show growing confidence in Ethereum’s long-term role in the crypto space — especially with staking, ETH ETFs, and Layer 2 networks continuing to grow.
The price may not be exploding right now, but many of Ethereum’s strongest signals are pointing up — just not in the headlines.
💡 Tip for beginners: When more ETH is staked or bought by institutions, it reduces the amount available to trade — and that can slowly build upward pressure on price.
Solana Drops After Pump.fun Ban on X
Solana (SOL) recently dropped over 4.5%, falling from 136 € ($157) to around 126 € ($146). One of the main reasons? The sudden ban of Pump.fun on X (formerly Twitter).
Pump.fun had become a major platform for launching Solana-based memecoins. Thousands of projects use it, and it helps drive on-chain activity and hype. But this week, X suspended its account — along with accounts of key memecoin creators. That immediately triggered panic among retail investors, leading to a wave of selling across the memecoin space and SOL itself.
The timing couldn’t have been worse: SOL had just seen a strong rally thanks to optimism around ETF approval and rising institutional demand. In fact, the odds of a Solana ETF being approved in the U.S. jumped to 91%, and futures market interest hit a 2-year high.
But now, SOL finds itself under pressure. There’s also a bearish pattern forming on the chart called a descending triangle, which could mean further downside if support breaks below ~122 € (~$141).Despite that, the long-term outlook is still hopeful. ETF momentum, high trading volumes, and strong institutional interest are supporting Solana behind the scenes.
Crypto markets once again prove how quickly they react — and recover. From geopolitics to interest rates to social media bans, headlines moved prices sharply. But beneath the chaos, long-term narratives are taking shape: whales are accumulating, staking is growing, and institutional players are getting involved. For beginner investors, it’s a perfect reminder that real understanding isn’t built on hype, but on learning what drives the market behind the scenes.
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