📉 Reasons for the Decline in Cryptocurrency Prices – June 13, 2025
1. Escalating Geopolitical Tensions
– The main pressure today was the failure of investors to take risks following new Israeli airstrikes on Iran, leading to a rapid decline in currencies. These events caused investors to flee and drained liquidity exceeding one billion dollars, according to reports.
2. Huge Market Liquidity
– During today's decline, massive liquidations of over one billion dollars took place under the claim of “liquidations,” especially in Bitcoin and Ethereum where automated sell orders were triggered.
3. Flight from Higher-Risk Assets
– As tensions increased, investors shifted from volatile assets like cryptocurrencies to gold, raising the demand for gold and lowering the demand for Bitcoin.