According to PANews, recent geopolitical tensions have led to significant market fluctuations. An Israeli airstrike on Iranian nuclear facilities resulted in the death of Iran's Revolutionary Guard Corps Commander Salami, causing a surge in safe-haven assets such as oil and gold. The S&P 500 futures fell below 6000 points, while Bitcoin (BTC) dropped approximately 3% and Ethereum (ETH) declined by 9%. The volatility in the crypto market has increased sharply, with BTC front-end put options premiums rising by five volatility points, indicating strong demand for risk aversion.
Simultaneously, a large-scale internet outage in the United States impacted technology stocks and triggered over $1 billion in long positions liquidations in the crypto market. Despite these challenges, institutional demand continues to support BTC. DeFi Development Corp has announced a $5 billion allocation to Solana (SOL), highlighting sustained confidence in mainstream cryptocurrencies.
