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Israel Announces Attack on Iran, Crypto Slumps Across the Board, Bitcoin Falls Below $64,000

TradingKeyFeb 28, 2026 7:16 AM

TradingKey - According to the Associated Press, an attack occurred near the office of Iran's Supreme Leader. Israeli Defense Minister Katz has declared an immediate nationwide state of emergency.

He stated that Israel launched preemptive strikes against Iran to eliminate threats to the country. An Israeli security official said the strikes on Iran were the result of a joint operation between Israel and the U.S. Thus far, explosions have occurred at three locations in Tehran, and the U.S. has not yet responded to the situation.

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Cryptocurrencies plummeted across the board, with Bitcoin diving more than 4.2%, at one point dropping from $64,000 to below $63,100. Ethereum slumped over 4.6% to below $1,841, while Solana plunged 5.6% to below $78.

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This content was translated using AI and reviewed for clarity. It is for informational purposes only.

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