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.