According to The Kobeissi Letter, eye witnesses report that Iran has struck a nuclear facility in Dimona, Israel, leading to a dramatic drop in the Dow Jones by 900 points as Iran’s retaliation escalates (source: The Kobeissi Letter on Twitter, June 13, 2025). This escalation has intensified risk-off sentiment across global markets, causing increased volatility in major cryptocurrencies like BTC and ETH. Traders are closely watching safe-haven assets such as Bitcoin (BTC) and Ethereum (ETH) for potential inflows as traditional equities face significant losses. The heightened geopolitical tension is expected to fuel further short-term price swings in the crypto market, with a focus on hedging strategies and capital flows into digital assets.

According to The Kobeissi Letter, eyewitnesses report that Iran has struck a nuclear facility in Dimona, Israel, leading to a sharp sell-off in global equity markets with the Dow Jones dropping 900 points in a single day. This escalation in Middle East tensions is likely to trigger increased volatility in the cryptocurrency market as traders seek safe-haven assets such as BTC and ETH. Market participants should closely monitor price action and potential capital flows into cryptocurrencies, as geopolitical instability often drives demand for digital assets. Source: The Kobeissi Letter on Twitter.

According to The Kobeissi Letter, the Dow Jones Industrial Average dropped nearly 900 points following news that Iran has struck Tel Aviv (source: @KobeissiLetter, June 13, 2025). This sharp equity selloff signals heightened geopolitical risk, which historically triggers volatility in the cryptocurrency market. Traders should monitor BTC and ETH price action closely, as crypto assets often serve as alternative hedges during times of traditional market instability. Short-term price swings and increased trading volume in Bitcoin and Ethereum are likely as market participants assess the ongoing geopolitical developments and risk sentiment.