On the night of June 13, the Israeli Air Force struck Iran. Israel delivered a "preemptive strike" against Iran and declared a state of emergency. According to media reports, the targets of the strikes from Israel were Iran's nuclear facilities and missile capabilities. As a result of the attack, high-ranking Iranian military officials and scientists who played a key role in the implementation of the country's nuclear program were killed.
The sharp escalation of the conflict has provoked mass liquidations in the cryptocurrency market; according to Coinglass, over the last 24 hours, the total amount of liquidations exceeded $1 billion. The capitalization of the cryptocurrency market has decreased by almost 5%. On the financial markets, the quotes of leading stock indices — #DowJones , #S&P500 and #NASDAQ — fell by an average of 1.5%. The capitalization of the cryptocurrency market dropped by almost 4.5% to $166 trillion. Over the past day, all major cryptocurrencies by market capitalization have decreased in value. The biggest losses were suffered by #ETH $SOL and $DOGE , whose quotes fell by 7.9%, 8.5%, and 8.3%, respectively. The price of $BTC fell by 2.6% to $104,723. In total, Bitcoin investors lost about $448 million, and Ethereum holders lost about $303 million. In total, 247,000 market participants were liquidated in the past 24 hours for $1.15 billion. The largest liquidation occurred on Binance — $201 million.
So what to expect, will this conflict lead to further decline or will the market normalize and go up? Please share your opinion in the comments; it will be very interesting to know your thoughts.#IsraelIranConflict
