#IsraelIranConflict Here’s the latest on how the Israel–Iran conflict is unfolding and impacting markets and Binance:
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⚔️ Military Escalation
June 13, 2025: Israel launched large-scale airstrikes (Operation Rising Lion) against Iran’s nuclear sites (e.g. Natanz, Fordow) and military infrastructure. The strike reportedly killed IRGC commanders including Hossein Salami and Amir Ali Hajizadeh .
Iran’s response: Over 150 ballistic missiles and 100+ drones were fired at Israeli cities such as Tel Aviv, Haifa, and Bat Yam. Israel’s Iron Dome intercepted most, but some struck residential areas, causing casualties .
Iranian Foreign Minister Amir-Abdollahian stated Iran seeks diplomatic resolution but will respond if Israel continues strikes .
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📉 Market & Crypto Reaction
Crypto volatility:
Bitcoin dropped ~4–5% from ~$109K to ~$103K after the June 13 strikes .
Ethereum, Solana, and others fell ~7–9%, wiping out over $140 billion in crypto market cap .
More than $1 billion in leveraged crypto longs were liquidated .
Risk-off sentiment:
Investors flocked into safe havens—gold, U.S. dollar, and oil (with oil prices surging 6–10%) .
Crypto resilience:
Despite pain, Bitcoin remained above $100K, and sentiment indexes (e.g., Fear & Greed) still lean toward “greed” .
Binance saw higher volumes in futures, options, stablecoins (like USDT), staking, and DeFi products .
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⚙️ Binance-Level Impacts
User activity: Spike in futures/options trading and stablecoin inflow as regional users seek liquidity amid fiat disruptions .
Compliance posture:
Binance enforces AML/KYC, complies selectively with Israeli requests (freezing only wallets with verified illicit ties) .
Iranian residents remain prohibited from accessing Binance; only diaspora may trade with due diligence .
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