Reports of Israel launching a "preemptive" military attack on Iran! Bitcoin suddenly drops below $65,000, and market panic sentiment soars.

Reports are circulating online that Israel has launched a “preemptive” military strike against Iran, causing tensions in the Middle East to escalate rapidly. Following the news, Bitcoin quickly dropped below the $65,000 mark, and the cryptocurrency market’s panic sentiment soared.
(Background: U.S.-Iran tensions brewing for war! BTC briefly fell below $65,000, gold and silver prices surged again)
(Additional context: Summary of the 16 major topics in Trump’s State of the Union address: border security and immigration, economy and tariffs, healthcare reform, Iran nuclear issues…)

Online reports indicate Israel has launched a “preemptive” military attack on Iran, sharply increasing geopolitical risks in the Middle East. Although the news has not been confirmed by Western mainstream media, Bitcoin fell below $65,000 shortly after the reports, putting pressure on the entire crypto market.

This incident traces back to recent weeks of escalating tensions. The U.S. has deployed over 60 military aircraft at the Muwaffaq Salti Air Base in Jordan, about three times the usual number, marking the largest military buildup in the Middle East in decades. Although the U.S. and Iran held their third indirect nuclear talks in Geneva on February 26, with the U.S. demanding Iran cease uranium enrichment and Iran insisting on its enrichment rights, no substantial breakthrough was achieved.

Bloomberg reported on February 27 that the confrontation between the Trump administration and Iran has entered its “endgame,” with both sides exploring the last opportunities to avoid military action. If negotiations break down, U.S. strikes could potentially be carried out with Israel’s assistance.

Earlier, Israel Channel 12 also reported that the Israel Defense Forces are “refining multi-front readiness plans,” now equipped with several operational options.

Cryptocurrency Market Under Pressure

Due to geopolitical panic, Bitcoin rapidly broke below the $65,000 support level. Looking back to June 2025, when Israel launched “Operation Rising Lion” airstrikes on Iran’s nuclear facilities, Bitcoin plummeted from over $100,000 to below $104,000, then continued to decline.