$BTC

For what reason did today's cryptocurrency market crash?

It appears that today, Friday, June 13, 2025, saw a massive collapse in the cryptocurrency market. This dramatic drop is mostly due to the Middle East's geopolitical escalation, particularly the Israeli military's attacks on Iranian targets.

Many investors have fled high-risk assets like cryptocurrencies in favor of safe havens as a result of this escalation, which has increased concerns about wider conflicts.