#IsraelIranConflict

**🚨 Geopolitical shocks: The Israel-Iran conflict leads to a sell-off in the cryptocurrency market**

**🔍 Breaking news (June 13):**

- Israel launched airstrikes on Tehran, increasing tensions in the region.

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

**📉 Market impact (over hours):**

- $BTC sharply dropped from $111,000 → $103,000

- $ETH fell by about 10%, leading to a sharp correction in altcoins

- Over $1 billion in long positions were liquidated (most leveraged traders were affected)

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

**💡 Why did cryptocurrencies react so violently:**

1️⃣ **Domino effect of risk aversion**

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

2️⃣ **Rising oil prices → Inflation fears**

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

3️⃣ **Technical collapse**

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

**⚠️ Key lesson:**

This is not a normal cryptocurrency correction - it is a black swan event where real conflict exceeds market fundamentals.