The Israeli Air Force launched a series of coordinated preemptive strikes late Thursday targeting dozens of locations across Iran, including facilities believed to be related to the country’s nuclear program. Israeli officials declared the action to eliminate Iran’s nuclear threat amid a heightened tension between the two long-term rivals.
Senior Israeli officials said of Channel 13 that the country is preparing for “Fight Day” and that the country aims to neutralize the so-called existing threat. While all details of the strike are still emerging, the report shows that the air strikes attacked military devices, research facilities and missile warehouses.
Market reaction: crypto people benefit
The news immediately triggered a shock wave in the global financial markets, and risky assets are retreating as geopolitical uncertainty rises. Within an hour after the news, Bitcoin (BTC) dropped sharply by 2%, while Ethereum (ETH) fell by 4.4% over the same period.
According to Coinglass, the sudden decline in the cryptocurrency market has led to a large number of liquidations. In the past 24 hours, approximately 215,000 traders have been liquidated, costing a total of $1.019 billion. Long-term positions account for an astonishing $945 million of this total. The largest liquidation occurred on Binance’s BTCUSDT pair, worth $200 million.
Source: Xiaodian
A broader meaning
Although traditional stock markets have been closed before confirming the strike, the future of global indexes shows that they are open and energy prices may react strongly to any further escalation in the Middle East.
The situation is still smooth. International observers and allies are closely monitoring Iran’s potential response. Tehran has not issued an official statement, although Iranian media has begun to acknowledge the losses.
Analysts warn that any long-term conflict can inject further volatility into markets already trapped in inflationary issues, interest rate uncertainty and slowing global growth.
Military analysts believe that the Israeli action may not be a one-off. “This is not a one-night offensive. We are looking at the early stages of possible long-term military involvement,” said Haaretz Defense Correspondent Amos Harel.
