š #CryptoCyberWar
On June 18, hacktivist group Predatory Sparrow (GonjeshkeāÆDarande), allegedly Israel-linked, targeted Iranās largest exchange Nobitex, wiping out ~$90āÆmillion by transferring BTC, ETH, DOGE, etc., into unrecoverable walletsāframing it as a political act more than a heist
š #MarketShake
After Israeli airstrikes midāJune, Bitcoin plunged from ~$108K to ~$103Kātriggering ~$1B in crypto liquidationsāand then rebounded to ~$106K, stabilizing around $104ā105K
š¢ļø #MacroImpact
Oil surged 7ā11%, gold & USD strengthened, while equities pulled backāreflecting typical safeāhaven flows amid geopolitical fear
BTC behaved like a riskāasset, not digital goldāshowing shallow recoveries and mixed trader sentiment
ā #Takeaways
Insight Note
š Platform risk Nobitex hack highlights danger for politically-linked crypto exchanges.
ā ļø Price volatility Sudden dips & liquidations remain likely amid war headlines.
š”ļø Risk zones Key levels: ~$100K support; ~$110K resistance.
š Stay alert Watch oil, USD, Fed, and conflict developments to inform crypto moves.
š§ #FinalWord
This conflict fuses cyber warfare and macro shocks, reshaping crypto dynamics in real time. For Binance Square readers: prioritize security, manage risk, stay informed on both on-chain signals and global headlines to navigate this turbulent landscape.
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