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BTC falls to two-year low as geopolitical uncertainty hits crypto
The global cryptocurrency market has faced significant capital outflows amid protracted and inconclusive negotiations between the US and Iran. RIA Novosti, citing a statement from former Central Bank of Turkey analyst Onur Dashdemir, reports that ongoing geopolitical uncertainty is forcing major investors to rapidly reduce their holdings in digital assets. It is worth noting that the world’s most popular cryptocurrency earlier set an all‑time record following Donald Trump’s rise to power in the US. The token peaked at $126,198.07, after which the market entered a deep downturn.
The rapid decline in the flagship crypto asset pushed Bitcoin to $61,335.75 at the start of June. In subsequent trading sessions, prices continued to fall, breaching the psychological level and settling around $59,000, the lowest level for the coin in almost two years. Dashdemir explained that the sharp shift in sentiment is linked to rising caution among market participants. Because of geopolitical risks and instability in the Middle East, investors began to broadly avoid high‑risk instruments and to favor more stable and predictable asset classes.
According to the expert, Bitcoin’s further trajectory will depend entirely on developments in the geopolitical environment surrounding the US‑Iran agreement and on funds’ willingness to return to speculative operations. Market participants continue to closely watch any signals from Washington and Tehran, since even the slightest signs of escalation could instantly boost demand for traditional safe‑haven instruments. Until the situation in the Persian Gulf fully stabilizes, the digital currency will remain under serious selling pressure.
Published 25 June 2026
© InstaFintech Group
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© InstaFintech Group
