Market uncertainty as BTC and ETH struggle, oil prices surge, US targets Iran

From Investing.com: 2025-06-23 05:35:00

Markets are on edge as BTC and ETH remain stuck while oil prices surge and ETF hype builds. The U.S launched Operation Midnight Hammer targeting Iranian nuclear sites, causing Iran to plan the closure of the Strait of Hormuz, a key oil route. BTC and ETH failed to hold above $100K, losing momentum and falling to $98,250 and $2,115 respectively. Oil prices rose after the US strike, raising concerns about inflation and supply disruptions. Rumors of an ETH and Altcoin ETF approval surfaced, but markets have yet to react. The market remains hesitant, awaiting a trigger to move decisively.



Read more at Investing.com: Operation Midnight Hammer Is Done, Now What?