$ETH Ethereum ($ETH) plunged nearly 10% on June 13, 2025, tumbling from intraday highs around $2,770 to the $2,470–2,500 range as “Operation Rising Lion”—Israel’s strikes on Iran—triggered a broad risk-off wave . Over $1.1 billion in crypto liquidations occurred in 24 hours, with about $291 million in ETH longs wiped out . The drop exposed Ethereum’s sensitivity to global geopolitical shocks, undermining its role as a resilient crypto asset. Investors pivoted sharply into traditional safe havens like gold, the dollar, and U.S. Treasuries . As markets brace for further volatility, ETH remains under pressure—incoming conflict updates will be crucial. #ETH