Iran Strikes
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Bitcoin drops to $63,000 after US and Israel strike Iran
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The United States and Israel launched military strikes on Iran on February 28, 2026, prompting President Donald Trump to announce major combat operations aimed at preventing nuclear weapon acquisition. Bitcoin fell approximately 7% to around $63,000, while the broader crypto market lost over $70 billion in value amid heavy liquidations. Tokenized gold assets surged as investors sought safe havens amid escalating Middle East tensions.