#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, escalating tensions in the region.

- The Israeli Ministry of Defense declared a nationwide state of emergency.

**📉 Market Impact (Over Hours):**

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

- $ETH decreased by about 10%, causing a sharp correction in altcoins

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

- Capital 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 Concerns**

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

3️⃣ **Technical Collapse**

- Bitcoin losing the $108,000 support led to algorithmic sell-offs.

**⚠️ Key Takeaway:**

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