$INIT #Write2Earn **🚨 Geopolitical Shockwaves: Israel-Iran Conflict Triggers Crypto Market Sell-Off**

**🔍 Breaking News (June 13):**

- Israel conducted airstrikes on Tehran, escalating regional tensions.

- Israel’s Defense Ministry declared a nationwide state of emergency.

**📉 Market Impact (Within Hours):**

- **Bitcoin** dropped sharply from **$108K → $103K**

- **Ethereum** fell **~10%**, dragging altcoins into a steep correction

- **$1B+** in long positions liquidated (leveraged traders hit hardest)

- Capital shifted rapidly into **gold, USD, and oil** (traditional safe havens)

**💡 Why Crypto Reacted So Violently:**

1️⃣ **Risk-Off Domino Effect**

- Geopolitical instability → Investors flee risky assets (crypto first).

2️⃣ **Oil Price Surge → Inflation Fears**

- Brent crude **> $90/barrel** → Markets bet on delayed Fed rate cuts.

3️⃣ **Technical Breakdown**

- BTC losing **$108K support** triggered algorithmic sell-offs.

**⚠️ Key Takeaway:**

This isn’t a typical crypto correction—it’s a **black swan event** where real-world conflict overrides market fundamentals.

**#WriteToEarn #CryptoNews #Bitcoin #MarketAnalysis**