🇮🇱⚠️ #IsraelIranConflict Update ⚠️
Geopolitical tensions spiked today after Israel launched airstrikes on Iran’s nuclear sites, triggering a flight to safety across global markets.
📉 Crypto Market Reaction:
**$BTC** plunged below $103K, down ~2–4% amid panic selling .
**$ETH**, XRP, and Solana also tumbled as BTC wiped out over $400M in long positions .
🛡️ Risk-Off Asset Flow:
Gold, oil, and the USD surged as investors sought safe havens .
Bitcoin’s reputation as “digital gold” was challenged—price drops show it didn’t behave like a true crisis hedge .
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✅ What Binance Traders Should Know:
Volatility Alert: Expect continued swings in crypto prices amid evolving tensions.
Risk Management: Use stop-loss orders and consider reducing leverage during such events.
Opportunity Check: Severe dips may offer buying zones; analyse support levels 📉.