š IsraelāIran Conflict Rattles Crypto MarketsāBTC Drops Below $103K
š JuneāÆ13,āÆ2025
šØ Breaking: Renewed military conflict between Israel and Iran has shaken global marketsātriggering a sharp sell-off in crypto. $BTC plunged below $103,000, while traders fled toward traditional safe-haven assets like gold and the Swiss franc .
š§ What Happened?
1. Israel launched airstrikes on key Iranian facilities, escalating tensions across the Middle East. Iranās immediate military response triggered global risk aversion.
2. Markets entered ārisk-offā mode ā Investors exited volatile assets like crypto and stocks in favor of traditional havens.
3. $BTC falls as a risk asset ā Despite being dubbed ādigital goldā, Bitcoin dropped ~4%, while gold rose ~1.1%āa clear flight to safety.
š How Crypto Was Affected
⢠BTC fell from ~$108K to ~$102.8K
⢠$ETH dropped ~8.5%, SOL ~9%, XRP ~5.2%
⢠Over $84M in long liquidations across BTC during the crash.
š Market Levels to Watch
Key Level + Action to Consider
$100K Support: Holding could trigger a bounce.
$95K or lower: Further escalation = more downside.
$110K Resistance: Rally possible if tensions ease.
š§ Final Takeaway
The IsraelāIran crisis highlights that gold remains king in wartime. BTCās sell-off confirms it still behaves like a risk-on asset, not a safe-havenāyet. But once the fear fades, crypto could stage a powerful rebound.
š¬ What do YOU think?
⢠Is Bitcoin a real hedge⦠or just another risky asset in disguise? š§
⢠Are you buying the dip, or waiting for the fog of war to clear?
Drop your view below! šš