QCP Asia: Geopolitical conflicts escalate, dragging down the market, BTC falls by 3%

PANews reported on June 13 that according to QCP Asia analysis, Israel's airstrikes on Iran's nuclear facilities led to the death of Salami, the commander-in-chief of the Iranian Revolutionary Guard Corps, triggering a surge in safe-haven assets, oil and gold both rose, S&P 500 futures fell below 6,000 points, BTC fell about 3%, and ETH fell 9%. Volatility in the crypto market soared, with BTC front-end put option premiums reaching 5 points, indicating strong safe-haven demand. At the same time, the large-scale Internet outage in the United States hit technology stocks, triggering a long liquidation of more than $1 billion in the crypto market. Despite this, institutional demand is still supporting BTC, and DeFi Development Corp announced a $5 billion allocation of funds to SOL, highlighting the undiminished confidence of mainstream coins.