#IsraelIranConflict
On June 13, 2025, Israel launched a large-scale operation—Operation Rising Lion—against Iran’s nuclear and military sites, involving extensive airstrikes and covert actions against Tehran’s infrastructure . This marks a major escalation in the Israel–Iran conflict.
💰 Crypto market reaction
Heavy sell‑off across cryptocurrencies happened today:
Bitcoin tumbled 2–5%, falling from around $108K to the low‑$103K range, with intraday lows near $102,800–$103,300 .
Other top assets also plunged: Ether dropped up to 8–9%, XRP fell ~5%, Solana nearly 10%, and altcoins like Dogecoin also suffered .
Over $700 million in crypto long positions were liquidated in a short span .
These sharp moves indicate crypto behaved more like a risk asset, not a safe haven.
🛡️ Safe‑haven flow
In contrast:
Gold rose ~1–1.3%.
The U.S. dollar, Swiss franc, and yen strengthened.
Oil spiked 5–11% on fears of supply disruption .
This shows capital rotated into traditional defensive assets like gold, bonds, and fiat — not crypto.