According to @FoxNews, the cryptocurrency market experienced a significant downturn amid escalating geopolitical tensions involving Israel, Iran, and potential U.S. intervention. Bitcoin (BTC) dropped 3.8%, trading under $104,000 and later falling to $103,900 after reports of Israeli strikes in Tehran. The broader market followed, with Ether (ETH) and Solana (SOL) both slumping 7%, and Sui (SUI) dipping almost 10%. The sell-off extended to crypto-related equities, with Coinbase (COIN) and MicroStrategy (MSTR) down 2-3%, while Bitcoin mining stocks like Riot Platforms (RIOT) and Hut 8 (HUT) lost 6-7%. Javier Rodriguez-Alarcón of XBTO stated the move was a "flight from risk assets" due to a "significant geopolitical risk premium," as cited in the report. The source also mentioned analyst Matteo Greco of Finequia, who warned that any impact on Iran's oil production could fuel renewed inflation. Traditional markets reacted similarly, with U.S. stock futures declining while safe-haven assets like gold and oil prices surged.

According to The Kobeissi Letter, US stock market futures experienced a sharp decline following reports of loud explosions in Tehran, Iran, and sirens sounding across Israel (source: @KobeissiLetter, June 13, 2025). The heightened geopolitical tensions have triggered a risk-off sentiment across global markets, with potential spillover effects into the cryptocurrency space. Traders should closely monitor BTC and ETH price movements, as increased volatility and a flight to safety may drive significant short-term swings in both traditional and digital assets.

According to The Kobeissi Letter, gold funds experienced a record net inflow of approximately $8 billion three weeks ago, pushing the four-week moving average of inflows to an all-time high of $4 billion (source: The Kobeissi Letter, May 5, 2025). This surge in capital reflects a robust flight to safety trend, indicating heightened investor demand for gold as a hedge against market uncertainty. Traders should note that this unprecedented inflow level could further drive gold prices upward and may signal sustained bullish sentiment in safe-haven assets.