In brief
- The crypto market tanked Friday, following Israel’s airstrike on Iran.
- Major altcoins took large hits, as crypto liquidations surpassed $1 billion.
- Predictors on Myriad now place the odds of a nuclear deal between Iran and the U.S. at under 5%.
Crypto prices have plunged in the wake of Israel’s airstrikes on Iran, with major altcoins taking significant hits and liquidations passing $1 billion, as markets braced themselves for Iran’s response.
Ethereum has tanked 7.8% over the past 24 hours to $2,533, according to CoinGecko, while XRP dropped 3.9% to $2.13 and Solana 8.4% to $145. The best-performing assets in the top 15 cryptocurrencies by market capitalization are both stablecoins holding their peg to the U.S. dollar—never a…
Jun 14 2025
