CoinEx News: The Iran-Israel exchange widened on June 8, 2026, as Iran launched a second wave of ballistic missiles at Israel, Yemen's Houthis fired on Israel, and missiles crossed Jordanian airspace, while Israel struck a petrochemical complex in Mahshahr and military sites near Tehran, Isfahan, Karaj and Tabriz. An Israeli defense official expected days of fighting ahead. Yet Bitcoin recovered above $63,000 after sliding below $62,000, though the Crypto Fear and Greed Index sits at 15, or extreme fear.

The bounce above $63,000 reads more as an oversold, short-covering rebound after a deep June selloff than a conviction bid on de-escalation, leaving a fresh leg lower dependent on a new escalation shock or renewed institutional selling.