Recent geopolitical upheavals have triggered sharp market fluctuations, with safe-haven assets like oil and gold experiencing notable surges. A significant Israeli airstrike on Iranian nuclear facilities resulted in the death of General Salami, prompting a rush toward these havens, as reported by PANews. The S&P 500 futures plummeted below the 6,000 point mark while Bitcoin (BTC) and Ethereum (ETH) saw declines of 3% and 9%, respectively. This increased volatility in the crypto market has amplified, with BTC front-end put options premiums surging by five volatility points, highlighting the growing demand for risk hedging strategies. Meanwhile, a nationwide internet outage impacting technology companies triggered over $1 billion worth of liquidations across the crypto market. Despite these challenges, institutional investors continue to support Bitcoin’s value.