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Bitcoin Drops Under $64K as Israel and US Launch ‘Preemptive Strikes’ on Iran

By bitcoin.com
Feb 28, 2026
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Bitcoin Nosedives After Israel and the U.S. Launch Preemptive Strikes on Iran

According to social media reports, these strikes shook Tehran, Iran’s capital. Other locations, including Qom, Isfahan, Kermanshah, and Karaj, were also targeted.

Israel has declared a state of emergency in preparation for a retaliatory strike, with the Israel Defense Forces (IDF) shifting all areas of the country to essential activities only. This means that there will be a “prohibition on educational activities, gatherings, and workplaces, except for essential sectors.”

The operation is still ongoing, and officials have said that “dozens of airstrikes” are still being carried out from bases and airstrike carriers in the region targeting government buildings and ministry headquarters, including the office of Iran’s Supreme Leader Ali Khamenei.

The attack came after days of intense negotiations between the U.S and Iran regarding the future of the Iranian nuclear program and the level of enrichment that the Trump Administration would deem acceptable.

The operation follows a first U.S. preemptive attack on Iran’s top three nuclear facilities in Fordow, Natanz, and Isfahan on June 22, in an operation called “Midnight Hammer.” At that time, Trump highlighted that “Iran’s key nuclear enrichment facilities have been completely and totally obliterated.”

FAQ

What actions has Israel taken in response to the U.S. military operations?Israel declared a state of emergency, transitioning to essential activities and prohibiting gatherings and educational activities in anticipation of possible retaliation.

What were the details of the U.S. military operations in Iran?The operation involves dozens of airstrikes targeting Iranian government buildings, including the office of Supreme Leader Ali Khamenei, amidst escalating tensions over Iran’s nuclear program.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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