**๐Ÿšจ Geopolitical Shockwaves: Israel-Iran Conflict Triggers Crypto Market Sell-Off**

**๐Ÿ” Breaking News (June 13):**

- Israel conducted airstrikes on Tehran, escalating regional tensions.

- Israelโ€™s Defense Ministry declared a nationwide state of emergency.

**๐Ÿ“‰ Market Impact (Within Hours):**

- $BTC dropped sharply from $111K โ†’ $103K

- $ETH fell ~10%, dragging altcoins into a steep correction

- $1B+ in long positions liquidated (leveraged traders hit hardest)

- Capital shifted rapidly into gold, USD, and oil (traditional safe havens)

**๐Ÿ’ก Why Crypto Reacted So Violently:**

1๏ธโƒฃ **Risk-Off Domino Effect**

- Geopolitical instability โ†’ Investors flee risky assets (crypto first).

2๏ธโƒฃ **Oil Price Surge โ†’ Inflation Fears**

- Brent crude > $90/barrel โ†’ Markets bet on delayed Fed rate cuts.

3๏ธโƒฃ **Technical Breakdown**

- BTC losing $108K support triggered algorithmic sell-offs.

**โš ๏ธ Key Takeaway:**

This isnโ€™t a typical crypto correctionโ€”itโ€™s a black swan event where real-world conflict overrides market fundamentals.

#Write2Earn #CryptoNews #Bitcoin #MarketPullback #IsraelIranConflict