#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 tensions in the region.

- The Israeli Ministry of Defense declared a state of emergency across the country.

**📉 Market Impact (Over Hours):**

- $BTC sharply dropped from $111,000 → $103,000

- $ETH fell by about 10%, leading to a sharp correction in alternative currencies

- Over a billion dollars in long positions were liquidated (most affected were leveraged traders)

- Capital was 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 delayed interest rate cuts from the Federal Reserve.

3️⃣ **Technical Collapse**

- Bitcoin's loss of support at $108,000 led to algorithmic sell-offs.

**⚠️ Key Takeaway:**

This is not a normal cryptocurrency correction - it is a black swan event where real conflict exceeds market fundamentals.

#Write2Earn #CryptoNews #Bitcoin