According to The Kobeissi Letter, S&P 500 futures fell by 1.7% following news of Israel striking Iran’s capital, signaling heightened global market uncertainty. This sharp decline in equities is likely to increase volatility across risk assets, including major cryptocurrencies like BTC and ETH, as traders seek safe-haven assets and reassess risk exposure. Crypto investors should closely monitor price action and liquidity shifts, as cross-market contagion could trigger rapid movements in both directions. (Source: The Kobeissi Letter, Twitter, June 13, 2025)