The crypto market loses $ 1 billion after an attack on Israel against Iran

According to Correglass, nearly $ 1 billion has been liquidated from the crypto market in the last 24 hours, most of the liquidations that occurred this Friday, June 13 this Friday. The whole market then accused 8 %decrease.

Bitcoin initially fell from $ 108,000 to $ 103,500 before it increased slightly to $ 105,251 when the layout message is according to Congeck data. Altcoins were the most difficult affected.

Thermal map of crypto disposal. Source: Coringlass

After the first reports of the shot of Israel, the network pi fell mainly by 16 % per hour. Solana and Cardano also dropped by 5 %.

On Thursday, June 12, the English-speaking Beincrypto team said any deterioration in the Iranian-Israeli conflict would have a great impact on the crypto market due to FUD climate.

Bank giant JP Morgan also declared before the war Israel-Iran would increase the price of oil and almost double American inflation, climbing it to 5 %.

The reaction of the stock market during the day, ie the subsequent development of the conflict, will prove to be decisive for the future orientation of the market crypto.

Morality of History: The crypto is not immune to the world.

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