Israel Attacks Tehran...Iran's Chief of Staffs Died
Oil Prices Rise, Asset Market Plunge on Fears in Middle East
BTC Down To $103,000 at Morning...Altcoin Drops By 10%
On Jun. 13, Israeli air forces attacked several locations in Tehran, killing Hossein Salami, commander of the Iranian Revolutionary Guard Corps, and Hossein Bagheri, chief of staff of the Iranian military.
In fact, a war between Israel and Iran is imminent. An Israeli military source told CNN that Israel plans to launch several attacks against Iran.
Oil prices rose and asset markets plunged as geopolitical fears in the Middle East swirled. Cryptocurrency markets, including Bitcoin, also fell.
Bitcoin plunged on the morning of the 13th and fell to $103,000 during the day. Altcoin, a "risk asset," continued to fall during the day, with a number of cryptocurrencies falling around 10%.
◇Bitcoin = Bitcoin price is $104,816 at 4:30 p.m. on Jun. 12, 2025. The Bitcoin share(dominance) was 64.79%.
The long(up) and short(down) betting ratios in the Bitcoin futures market stood at 52.15% and 47.85%, according to the on-chain analytics platform Sigbtc.
With the war clouds spreading from the Middle East, investors in the Bitcoin futures market have begun betting on Bitcoin's decline.
Coin Journal, a cryptocurrency media outlet, reported, "The preference for Bitcoin put options is spreading due to geopolitical fears in the Middle East," adding, "Bitcoin's short-term outlook is becoming unstable."
◇Upward Coin = The cryptocurrency that recorded the largest increase from the previous trading day at 4:30 p.m. on Jun. 13 was Orbs(ORBS), up about 16% on the day alone.
Orbs is a public blockchain infrastructure solution that helps developers develop apps and is a hybrid blockchain compatible with layer-1 chains such as Ethereum and Binance Smart Chain.
Orbs tokens are used to receive compensation through staking in the network or to pay for resources for apps to run.
◇Fear Greed Index = The digital asset fear-greed index provided by Alternative has entered the 'greed' stage with 61 points. The greed stage is a stage where price volatility and trading volume increase, and the price rises. The possibility of forming a high short-term high is high, so caution should be taken in selling.
The cryptocurrency relative strength index(RSI) provided by Sigbtc was 32.3, which was in a 'neutral' state. RSI sets the relative strength between the upward and downward pressure of a particular asset price and is an indicator of a measure of over-purchasing and over-selling of a particular asset.
권승원 기자 ksw@blockstreet.co.kr