#IsraelIranConflict
A fiery night was witnessed in the Middle East, but its echoes were not limited to the ground. In the aftermath of Israeli strikes targeting nuclear facilities in Iran, the cryptocurrency market collapsed, recording over $1.14 billion in forced liquidations of financial positions in less than 24 hours.
In the early hours of the night, the Israeli occupation army announced the targeting of Iranian sites described as "sensitive," which were said to be linked to Tehran's nuclear program. The operation resulted in casualties among Iranian military leaders as well as civilians, further escalating the already tense regional situation.
While cryptocurrencies are not directly linked to geopolitical events, investment circles treated the scene as a warning signal. Major investors often rush to liquidate high-risk positions like crypto to avoid further losses.
