The Crypto Fear & Greed Index has remained a beacon of investor optimism, registering a score of 60, well within the “greed” zonen while geopolitical tensions between Israel and Iran ran hot late last week. On Thursday, explosions reportedly rocked Tehran at 22:50 UTC, moments before Israel took credit for

• Crypto Fear and Greed Index stays at 60, showing strong market sentiment amid the Iran-Israel conflict.
• Bitcoin holds firm above $100K despite geopolitical tensions and missile strikes.
• $1.37B flows into spot BTC ETFs while $1.74B in long positions remain exposed.

The Crypto Fear & Greed Index has remained a beacon of investor optimism, registering a score of 60, well within the “greed” zonen while geopolitical tensions between Israel and Iran ran hot late last week.

On Thursday, explosions reportedly rocked Tehran at 22:50 UTC, moments before Israel took credit for precision airstrikes. Iran retaliated on Friday evening with dozens of ballistic missiles. Even in light of this escalation, the market sentiment has only slightly cooled from Thursday’s “Greed” reading of 71.

Bitcoin Remains Resilient

Bitcoin (BTC) dipped briefly 2.8% from $105,455 to $103,000 in the wake of the turmoil before recovering slightly to $105,670 at writing, based on CoinMarketCap. The global top cryptocurrency is now trading less than 6% from its May 22 all-time high of $111,970.

Notably, Bitcoin is 0.07% higher over the last week, with its amazing resilience in the face of increasing global tensions. Voices in the crypto market also reflected this, with analyst “Bitcoin does not seem concerned about the Israel and Iran conflict (yet).” Entrepreneur Anthony Pompliano also shared the optimism, proclaiming, “Bitcoin is relentless.”

Market Confidence Still Strong

The psychological $100,000 level seems to be a crucial support point. A fall below it might initiate liquidations on more than $1.74 billion in long positions, according to CoinGlass data. However, investor sentiment indicates sustained optimism, with most viewing prevailing volatility as temporary.

In addition, spot Bitcoin ETFs recorded an entire week of inflows, taking in $1.37 billion in five days, Farside reports. This is in contrast to Ether (ETH), which broke its 19-day ETF inflow sequence on Friday with a relatively light $2.1 million in net outflows.

ETH’s price reflected a steeper pullback than Bitcoin, declining 10.79% to a low of $2,454 before bouncing back to $2,534.

Comparing Past Conflict Impact

This isn’t the first time conflict between Israel and Iran has rippled through the crypto markets. Back in April 2024, when Iran conducted an unprecedented direct attack on Israel following a bombing of its embassy in Damascus, BTC plunged 8.4% in a single day.

Conversely, this correction has been less severe, leading to speculation that market players are becoming increasingly desensitized to geopolitical turbulence—or wagering on the expanding use of Bitcoin as a worldwide hedge.

Conclusion

In spite of military tensions between Israel and Iran, crypto investors remain firm. With key levels held by Bitcoin and institutional demand through ETFs continuing to be robust, market mood remains in the “greed” zone—for now.

Nevertheless, everyone’s eyes are on Bitcoin’s $100,000 level, a barrier that would decide if bullish optimism prevails or becomes a liquidation cascade.

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