#IsraelIranConflict Geopolitical Shockwaves: Israel-Iran Conflict Triggers Crypto Market Sell-Off**
**š Breaking News (June 13):**
- Israel conducted airstrikes on Tehran, escalating regional tensions.
- Israelās Defense Ministry declared a nationwide state of emergency.
**š Market Impact (Within Hours):**
- $BTC dropped sharply from $111K ā $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)
**š” Why Crypto Reacted So Violently:**
1ļøā£ **Risk-Off Domino Effect**
- Geopolitical instability ā Investors flee risky assets (crypto first).
2ļøā£ **Oil Price Surge ā Inflation Fears**
- Brent crude > $90/barrel ā Markets bet on delayed Fed rate cuts.
3ļøā£ **Technical Breakdown**
- BTC losing $108K support triggered algorithmic sell-offs.
**ā ļø Key Takeaway:**
This isnāt a typical crypto correctionāitās a black swan event where real-world conflict overrides market fundamentals. #IsraelIranConflict