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.