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

Ether (ETH) ETH tumbled more than 7% over the past 24 hours, falling from a session high of $2,770.56 to as low as $2,477.71 before recovering slightly to $2,536 at press time. The sharp decline came amid a broad risk-off move across global markets following Israeli airstrikes on Iranian military infrastructure — a major escalation in Middle East tensions that caught investors off guard source: https://www.coindesk.com/markets/2025/06/13/ether-drops-below-usd2-550-as-israel-iran-escalation-sparks-flight-to-safety