Bitcoin
Iran strikes Kuwaiti water and power plants as US conflict sends crypto markets reeling
Crypto Briefing·July 17, 2026·1 min read
Iranian drone strikes on Kuwaiti power and water plants triggered Bitcoin liquidation cascades over $700M as US sanctions froze $130M in Iranian crypto. The conflict sent crypto markets reeling, highlighting geopolitical risks to digital assets. BTC saw significant volatility amid the escalating tensions.
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