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Israel Announces Attack on Iran, Cryptocurrencies Slump Across the Board, Bitcoin Drops Below $64,000

TradingKeyFeb 28, 2026 9:53 AM
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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 a preemptive strike against Iran to eliminate threats to Israel. An Israeli security official said the attack on Iran was the result of a joint operation between Israel and the United States. As of now, explosions have been reported in three locations in Tehran, and the U.S. has not responded to the situation.

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Cryptocurrencies slumped across the board, with Bitcoin plunging more than 4.2%, briefly breaking below $64,000 to under $63,100. Ethereum plummeted more than 4.6% to below $1,841, while Solana dropped 5.6% to under $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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