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Iranian missile strikes on US bases in Gulf States send Bitcoin tumbling as crypto markets brace for wider conflict

Crypto Briefing·July 17, 2026·1 min read
Iranian missile strikes on US bases in Gulf States send Bitcoin tumbling as crypto markets brace for wider conflict

Iranian missile strikes on US bases across six Gulf States sent Bitcoin below $62,000, triggering $350 million in crypto liquidations as Strait of Hormuz tensions escalate. The geopolitical event caused a sharp market downturn. The post appeared on Crypto Briefing.

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