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# IranTensionsEscalateStrongly
10K
On Feb 28, US-Israel launched joint airstrikes on Iran, which responded with dozens of missiles at Israel. Both nations closed their airspace. Bitcoin briefly fell below $63K, liquidating over 150K traders, then stabilized in the $64K-$65K range as bulls and bears reached a standoff. The impact of escalating geopolitics on risk assets is now clear.
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