Iran reported 59 killed and 666 wounded in US airstrikes since June 27, with the total death toll from the conflict exceeding 3,500. Crypto markets saw increased Bitcoin volatility following strike announcements, with significant sell-offs observed after fresh attacks. Prediction platform Polymarket logged over $529 million in Iran-related trading volumes. The US Treasury sanctioned Nobitex, an Iranian cryptocurrency exchange linked to the Iranian Revolutionary Guard Corps. A credible de-escalation signal could trigger a relief rally in risk assets, while escalation involving energy infrastructure or Strait of Hormuz shipping lanes could push prices lower.
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