Geopolitical tensions, including the Israeli airstrike on Iranian nuclear facilities resulting in the death of Revolutionary Guard Commander Salami, have triggered market fluctuations. The incident sparked a surge in safe-haven assets like gold and oil, leading to declines in the S&P 500 futures and significant drops for Bitcoin (BTC) and Ethereum (ETH). The volatility in the crypto market has spiked significantly, with Bitcoin’s front-end put options premiums increasing by five points, reflecting heightened demand for risk mitigation strategies. Furthermore, a widespread internet outage across the US impacted technology stocks and led to over $1 billion in crypto market liquidations. However, institutional investors remain optimistic about Bitcoin, as DeFi Development Corp has announced a $5 billion allocation to Solana (SOL), showcasing continued confidence in mainstream cryptocurrencies.