Iran Retaliation Escalates, Crypto Market Dips Lower

BlockBeats News, March 8th, last night this morning, the Islamic Revolutionary Guard Corps of Iran announced in a statement that they have launched the 27th round of military action under "True Commitment 4." In this round of action, Iran used drones and missiles to strike at key Israeli mainland targets and some US military bases in the Middle East. Additionally, Iran also used Katyusha rockets to attack the US Embassy in Baghdad.

Iran's Secretary of the Supreme National Security Council, Larry Jani, stated, "Iran will punish Trump for the assassination of the Supreme Leader Khamenei, and will never let him escape. Iranian officials have no disagreement on how to respond to US and Israeli aggression." According to Iran's national television, Iran is prepared for at least another six months of war.

Possibly affected by this, the crypto market has seen a downturn. Bitcoin briefly fell below $67,000 this morning, currently trading at $67,321.42, with a 24-hour decrease of 0.81%. The total cryptocurrency market capitalization has dropped below $2.4 trillion, now at $2.382 trillion, nearly halving from its peak of $4.37 trillion.