๐จ WAR SHOCK: $140B Wiped from Crypto Market Amid Israel-Iran Clash ๐ฅ๐ช
๐ June 13, 2025 โ As Israel launched airstrikes on Iran and Tehran retaliated with missile attacks, the crypto market faced a massive sell-off, exposing its deep sensitivity to geopolitical shocks.
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๐ What Happened?
๐ธ $140 Billion erased from the crypto market in HOURS
๐ช Bitcoin plummeted from $108K to ~$103K โ a 4% drop
๐ง Ethereum plunged nearly 9% to $2,512
๐ป Altcoins like SOL, ADA, XRP, SUI, DOGE, BNB fell between 2.3% and 10%
๐ฅ Over $1.4B in long positions were liquidated
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๐ Crypto โ Safe Haven?
Despite beliefs that crypto is a hedge, this conflict proved otherwise:
Investors rushed to gold ($2,500+), oil (+7%), CHF, JPY, and US Treasuries
Bitcoin acted like tech stocks, not a geopolitical hedge
Sentiment on X: โEvery time crypto pumps, war breaks outโฆโ ๐ค
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๐ง Market Behavior
Traders hedged aggressively: BTC options skew dropped to โ3.8% (lowest since April)
Experts say: โThis is a sentiment reset, not a fundamental collapseโ
BlackRockโs spot ETF added 2,650 BTC & 36,640 ETH โ showing institutional faith
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โณ Whatโs Next?
โฝ If oil supply routes (e.g., Strait of Hormuz) are hit, further crashes are likely
โ ๏ธ Watch key support: $100K for BTC, deeper altcoin losses ahead if conflict expands
๐ April & Oct 2024 wars caused similar dropsโhistory repeats
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๐ Final Takeaway
The Israel-Iran war is a reminder that crypto reacts sharply to real-world chaos. While recovery is possible, a prolonged conflict may drag Bitcoin and altcoins further down.
