🧭 What actually happened on June 13:
Bitcoin fell about 2.7 %, from ~$107 K toward $104–105 K, hitting a low around $103,274 before partially recovering .
Altcoins dropped significantly: Ether down ~7–8%, XRP ~5%, Solana nearly 9% .
Liquidations totaled over $1 billion, mostly long positions (~$420–$1.16 bn depending on the source) .
Meanwhile, gold (+1–1.3 %), oil (+7–12 %), and the US dollar rallied as investors fled to traditional safe-havens .
✅ So the key takeaways are:
1. Crypto did drop sharply amid Israel‑Iran escalation, but BTC didn’t plunge 5–10% — it fell closer to 2–5%, stabilizing in the $103–106 K range.
2. Liquidations were real, crossing the $1 billion mark—not exaggerated.
3. Bitcoin didn’t crash, it dipped then rebounded—resilience noted by Cointelgraph and CoinDesk .
4. No flight-to-safety story for crypto—that notion was overstated; instead, crypto acted like any risk asset during geopolitical shocks.
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🧠 Final word:
Your correction stands—crypto did drop, but not crash. The real picture: a 2–5% pullback, $1B+ in liquidations, followed by a rebound. The safe-haven narrative applies only to traditional assets like gold and oil, not crypto.
