Why did the cryptocurrency market crash today?
It seems that the cryptocurrency market experienced a mass collapse today, Friday, June 13, 2025. The main reason behind this significant decline is the geopolitical escalation in the Middle East, specifically the Israeli military strikes on targets in Iran.
This escalation has raised widespread fears of broader confrontations, prompting investors to abandon high-risk assets such as cryptocurrencies and turn towards safe havens.
$BTC

BTC
67,090.38
-1.31%
$XRP

XRP
1.4596
-2.06%
$SOL

SOL
82.18
-3.57%