The joint military operation carried out by the USA and Israel against Iran in the early hours increased tension in the region. After the operation, the Israeli government declared a state of emergency throughout the country and warned its citizens against the potential threat of retaliation.
Regional Tension Rising
Israeli Defense Minister Yoav Gallant described the attack as a “preventive operation”. In the statement, attention was drawn to the possibility of Iran responding with unmanned aerial vehicles and ballistic missiles. Following the mutual threats and increasing tension between the USA and Iran in recent weeks, there has been a significant increase in military mobility.
The US administration recently described Iran as a “state sponsor of unjust detentions” and claimed that Tehran is detaining American citizens for political pressure. While the details of the operation were not clear, it was reported that the US defense authorities drew attention to the coordination with Israel and the rapidly increasing threat perception.
US Military Presence in the Region Has Been Strengthened
Following the attack, the United States dispatched new troops to Israel, including advanced warplanes and additional military elements. This step strengthened international assessments that the operation could be a harbinger of a wider conflict. In diplomacy, there were no signals to ease the tension between the parties in the short term.
Iran has geopolitical importance as the global center of oil trade. Energy markets followed the developments closely out of concern that a conflict in the region could affect oil flows and prices.
Rapid Decline in Bitcoin
After the Askari operation was heard, there was a rapid decline in the price of Bitcoin. The cryptocurrency lost more than 6 percent in value in 24 hours, falling to $63,300. According to the latest data, this decline has undone Bitcoin’s recovery attempts in recent weeks, while showing that risk appetite in the crypto market has weakened.
It is noteworthy that traders are turning to risk reduction with the expectation that conflicts in the region will continue.
In this period when geopolitical risks are escalating in addition to Bitcoin’s general weak outlook in recent months, investors’ tendency to avoid uncertainties comes to the fore. It is evaluated that a possible Iranian retaliation, especially against the USA and Israel, may lead to new volatilities in prices.
While experts emphasize that the impact of geopolitical tensions on crypto assets may continue in the short term, they are of the opinion that risk factors require vigilance in both financial markets and the energy sector.
