#IsraelIranConflict #IsraelIranConflict Shock: The Israeli-Iranian Conflict Ignites a Wave of Selling in the Cryptocurrency Market**

**🔍 Breaking News (June 13):**

- Israel launched airstrikes on Tehran, escalating regional tensions.

- The Israeli Ministry of Defense declared a state of emergency across the country.

**📉 Market Impact (Over Hours):**

- The price of Bitcoin (BTC) sharply fell from $111,000 to $103,000.

- The price of Ethereum (ETH) dropped by nearly 10%, causing altcoins to undergo a sharp correction.

- Over a billion dollars in long positions were liquidated (with leveraged traders being the most affected).

- Capital quickly shifted to gold, the US dollar, and oil (traditional safe havens).

**💡 Why Was the Cryptocurrency Reaction So Severe?**

1️⃣ **The Domino Effect of Risk Aversion**

- Geopolitical instability → Investors fleeing risky assets (cryptocurrencies first).

2️⃣ **Rising Oil Prices → Inflation Concerns**

- Brent crude > $90 per barrel → Markets are betting on a delay in interest rate cuts by the Federal Reserve.

3️⃣ **Technical Analysis**

- The loss of Bitcoin's support at $108,000 led to algorithmic selling.

**⚠️ Key Takeaway:**

This is not a traditional correction for cryptocurrencies, but an unexpected surprise event, where the real conflict overshadows market fundamentals.$BTC