#IsraelIranConflict

The sudden military strike launched by Israel against strategic targets in Iran, in the early hours of Friday, June 13, caused a shockwave in cryptocurrency markets, as the markets experienced critical moments with a sharp decline in prices and growing fears of a full-scale regional war.

The total market capitalization of digital currencies recorded a decrease of 7% in just 24 hours, settling at $3.3 trillion, amid a fierce sell-off that hit most major digital assets. Bitcoin dropped by about 5% to reach $103,464, while Ethereum fell by 10% to $2,471. Solana recorded a sharp decline of 11%, while XRP and BNB lost about 6% and 4% respectively.