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Iran Retaliation Escalates, Crypto Market Dips Lower

Iran Retaliation Escalates, Crypto Market Dips Lower

BlockBeatsBlockBeats2026/03/08 01:20

BlockBeats News, March 8th, last night this morning, the Islamic Revolutionary Guard Corps of Iran announced that it has launched the 27th round of the "Sincere Promise 4" military operation. In this round of operations, Iran used drones and missiles to strike at key Israeli homeland 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 Janni, stated, "Iran will punish Trump for the assassination of the Supreme Leader Khamenei, and will never let him escape. Iranian officials have no differences on how to respond to US and Israeli aggression." According to Iran's state television, Iran is prepared for at least another six months of war.


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

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