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Ether Crashes 7% as Geopolitical Fears Trigger Flight to Dollar & Gold Post-Israel-Iran Clash

Ether Crashes 7% as Geopolitical Fears Trigger Flight to Dollar & Gold Post-Israel-Iran Clash

Coindesk
Author:
Coindesk
Release Time:
2025-06-13 11:39:08
0

Ether Plunges 7% as Traders Flee to Dollar and Gold After Israel Strikes Iran

Markets panic as crypto becomes the first casualty of Middle East tensions.

Ether bled out faster than a DeFi hack as traders dumped risk assets—proving once again that when missiles fly, ''digital gold'' still plays second fiddle to the real thing.

Wall Street''s pet rocks (gold bars) suddenly look sexy again while crypto takes the hit. Some hedge, others just pretend they saw it coming.

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