Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) all fell sharply last week as global market uncertainty pushed traders into risk-off mode. Rising geopolitical tensions and cautious outlooks from the U.S. Federal Reserve led many investors to take profits or hold off on new positions.

According to analysts, a mix of factors ranging from conflict to interest rate expectations, contributed to the sell-off. Fan Tokens, while less affected overall, also saw declines.

Geopolitical Tensions and Fed Uncertainty Weigh on Crypto

BTC fell by 5%, ETH lost 14%, and SOL also dropped 14% over the past week. Analysts pointed to growing fears surrounding the Middle East crisis and speculation that the Federal Reserve would leave interest rates unchanged at its June 18 meeting.

Tom Bruni, editor-in-chief at Stocktwits, said in a note that “With factors like the Iran-Israel conflict escalating and the Fed meeting tomorrow contributing to market uncertainty, we’re seeing a general sentiment on Stocktwits that investors are taking profits and reevaluating their positions at this natural inflection point.”

Joe DiPasquale, CEO of crypto hedge fund BitBull Capital, added that geopolitical risks have pushed many investors toward safer bets. “The pullback in risk assets today appears to be driven by a mix of geopolitical jitters and market positioning,” he said. “The escalation in geopolitical risks in the Middle East has likely amplified risk-off sentiment.”

Fan Tokens Also See Red Despite Stable Market Cap

While the global market cap of Fan Tokens dipped just 0.16%, individual tokens saw deeper cuts. Manchester City’s $CITY token fell by 20.96%, Paris Saint-Germain’s $PSG dropped 21.65%, and Santos FC’s $SANTOS slipped 19%.

These losses show that even niche segments of the crypto market are not immune to larger geopolitical trends. Sudden global events can quickly shift sentiment, especially in assets driven by hype or community activity.

Looking Ahead

With tensions still rising and no clear shift in central bank policy, traders remain cautious. Crypto markets are known for volatility, but the mix of political and financial stress this past week has been enough to cool off even high-performing assets.

Whether this is a short-term dip or a signal of deeper uncertainty remains to be seen. For now, both major tokens and fan-focused assets are feeling the pressure.