The world is witnessing a dramatic escalation in the Middle East conflict. Following Israel's attack on Friday, June 13, 2025, which reportedly killed IRGC Commander Hossein Salami, Iran has now launched a retaliation. The latest news confirmed by the Israeli military is the launch of around 100 drones by Iran towards Israel. This event has triggered a swift response from Israel and its allies, as well as causing extreme turmoil in the global financial markets.
Latest Development: Iran Launches Retaliation
The Israeli military (IDF) has confirmed that Iran has launched around 100 unmanned aerial vehicles (drones) towards Israel. The IDF stated that they are working to intercept these drones before they reach Israeli territory, using advanced fighter jets and air defense systems. Some reports even mention that Jordan is also assisting in intercepting drones crossing its airspace.
Key Points of Development:
* Iran's Retaliation: This is Iran's first direct military response following the Israeli attack that killed Commander Salami and targeted strategic facilities.
* Interception Efforts: The IDF and its allies are working hard to prevent these drones from reaching targets in Israel.
* Threat of Further Escalation: The launch of drones marks a significant increase in the conflict, opening the possibility of greater retaliation from both sides.
Global Financial Market Reaction: Maximum Pressure
This situation has triggered panic selling and deep risk-off sentiment across global financial markets, exceeding the initial reaction to the Israeli attack:
* Oil Prices Surge: Global crude oil prices have soared sharply, reaching over 10% in intraday trading. Concerns about serious disruptions to oil supply in the Middle East have now become very acute.
* Stock Markets Plunge: Stock markets in Asia, Europe, and potentially followed by America, are experiencing a sharp correction. Major indices are showing significant declines as investors liquidate risky assets.
* Safe Haven Assets Soar: The US Dollar as a global safe haven currency has strengthened sharply. Gold continues to set new record high prices, indicating a massive capital flow into hedge assets.
Direct Impact on the Crypto Market: Shock and Sell Pressure
The crypto market is reacting very strongly to this news of Iran's retaliation:
* Bitcoin (BTC) Under Severe Pressure: Bitcoin is experiencing substantial correction, with prices struggling hard to maintain support levels. Extremely high fear sentiment is causing investors to withdraw liquidity from BTC, indicating that in extreme geopolitical conditions, BTC still behaves as a risky asset.
* Altcoins Experience Drastic Decline: Altcoins have been hit much harder, with many experiencing significant double-digit declines. Investors are panic-selling smaller market cap assets that are more vulnerable to volatility.
* Flow of Funds to Stablecoins: Trading volume in stablecoins has surged drastically, indicating that most funds exiting Bitcoin and altcoins are temporarily parked in stablecoins awaiting clarity in the situation, before possibly shifting to US Dollars or other traditional assets.
* Inflation and Interest Rate Threats: The spike in oil prices due to this conflict will exacerbate global inflation concerns. This will likely lead major central banks, including the US Federal Reserve, to postpone rate cuts, or even consider further monetary tightening measures, which is very negative sentiment for risky assets like crypto.
Brief Conclusion
The launch of 100 drones by Iran in retaliation for the Israeli attack marks a very dangerous new phase in the Middle East conflict. The crypto market, along with other global markets, is reacting with extreme volatility and severe sell pressure. In this critical situation, it is crucial for investors to remain vigilant, monitor news developments in real-time very carefully, conduct independent research (DYOR), and implement very strict risk management.
