#IsraelIranConflict đ¨ Israel-Iran Conflict: Impact on the Crypto Market! đ¸
The recent attack by Israel on Iran's nuclear and military facilities on June 13, 2025, shook global markets, and cryptocurrencies were not immune. Bitcoin ($BTC ) fell by about 5%, reaching $103,900, while altcoins like Solana and Cardano dropped between 6% and 9%. Over $1 billion in long positions were liquidated, according to Coinglass. đ
Why does this happen? The geopolitical escalation increases risk aversion, leading investors to sell volatile assets like cryptos. However, Bitcoin has already shown resilience in past crises, with significant recoveries after initial drops, as seen in October 2024. đ
Stay tuned: tensions in the Middle East may further pressure the market but could also create accumulation opportunities for long-term investors. What do you think? Is it time to hold or buy the dip? đ§
