Crypto Market Plunges Amidst Israel-Iran Airstrikes – Smaller Coins and Stablecoins See Surge

The Israel-Iran airstrikes of June 13, 2025, sent shockwaves through the cryptocurrency market, causing a sudden and significant drop. Bitcoin, Ethereum, and Solana all experienced sharp declines initially before showing signs of recovery. Meanwhile, smaller altcoins, meme tokens, and gold-backed cryptocurrencies gained traction as risk-averse investors sought stability in the volatile environment. This article explores how geopolitical tensions have impacted the crypto market, highlights emerging winners, and discusses short-term and long-term trading strategies.