**๐จ Geopolitical Shockwaves: Israel-Iran Conflict Triggers Crypto Market Sell-Off**
**๐ Breaking News (June 13):**
- Israel conducted airstrikes on Tehran, escalating regional tensions.
- Israelโs Defense Ministry declared a nationwide state of emergency.
**๐ 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)
**๐ก Why Crypto Reacted So Violently:**
1๏ธโฃ **Risk-Off Domino Effect**
- Geopolitical instability โ Investors flee risky assets (crypto first).
2๏ธโฃ **Oil Price Surge โ Inflation Fears**
- Brent crude > $90/barrel โ Markets bet on delayed Fed rate cuts.
3๏ธโฃ **Technical Breakdown**
- BTC losing $108K support triggered algorithmic sell-offs.
**โ ๏ธ Key Takeaway:**
This isnโt a typical crypto correctionโitโs a black swan event where real-world conflict overrides market fundamentals.
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