#IsraelIranConflict
🚨 Geopolitical Shocks: The Israel-Iran Conflict Leads to a Sell-off in the Cryptocurrency Market**
**🔍 Breaking News (June 13):**
- Israel launched airstrikes on Tehran, escalating regional tensions.
- The Israeli Ministry of Defense declared a state of emergency nationwide.
**📉 Market Impact (During Hours):**
- $BTC sharply dropped from $111,000 → $103,000
- $ETH fell by about 10%, leading to a sharp correction in altcoins
- Over a billion dollars in long positions were liquidated (most affected were leveraged traders)
- Capital quickly shifted to gold, the US dollar, and oil (traditional safe havens)
**💡 Why Did Cryptocurrencies React So Violently:**
1️⃣ **Domino Effect of Risk Aversion**
- Geopolitical instability → Investors fleeing high-risk assets (cryptocurrencies first).
2️⃣ **Rising Oil Prices → Inflation Concerns**
- Brent crude > $90/barrel → Markets betting on a delay in interest rate cuts by the Federal Reserve.
3️⃣ **Technical Collapse**
- Bitcoin losing support at $108,000 led to algorithmic sell-offs.
**⚠️ Key Lesson:**
This is not a typical cryptocurrency correction - it is a black swan event where real conflict surpasses market fundamentals.
