đ¨ IsraelâIran Conflict Hits Crypto Hard đ¨
On June 13, Israel launched *Operation Rising Lion*, targeting Iranian nuclear and military facilities. Iran struck back with ballistic missiles and drone attacks, shaking global markets â and crypto was no exception.
Hereâs what happened:
* Bitcoin dropped 5%, falling below \$103K
* Over \$1B in long positions liquidated
* Ethereum, Solana, XRP took heavy hits
* Investors fled to gold, USD, and treasuries
Whatâs next for crypto?
* Expect choppy trading through the weekend
* Any escalation or oil supply shock = deeper dip
* BTC must hold key support (\~\$102.4K) to avoid freefall
* Macro events and war headlines will drive sentiment
đ In times of war, crypto isnât acting as a safe haven â itâs reacting like any other risk asset.
Stay sharp.