#IsraelIranConflict

BREAKING: Israel Strikes Iran – Crypto Markets React to Escalating Geopolitical Tensions

In a significant escalation of Middle East tensions, Israel launched a series of strikes today targeting Iranian military and nuclear sites. The operation, dubbed "Operation Rising Lion" by Israeli Prime Minister Benjamin Netanyahu, reportedly hit uranium enrichment facilities in Natanz, missile production plants, and command centers in Tehran. Iran's Supreme Leader, Ayatollah Ali Khamenei, has vowed "severe punishment" in response to what he termed a "crime," confirming the deaths of several top military commanders and nuclear scientists.

Crypto Markets See Immediate Impact

The geopolitical shockwave has sent ripples through global markets, with cryptocurrencies experiencing a sharp downturn. Bitcoin (BTC) swiftly dipped over 3%, dropping below $104,000, while Ethereum (ETH) saw an even more pronounced decline of over 9%. Altcoins across the board followed suit, with significant liquidations reported across the crypto market.

Analysts are attributing this immediate reaction to a classic "risk-off" sentiment, as investors flee volatile assets like crypto and equities in favor of traditional safe havens such as gold and the U.S. dollar. Over $1 billion in long crypto positions were reportedly liquidated in the past 24 hours alone, according to Coinglass data.