{"id":7646,"date":"2026-02-28T10:40:24","date_gmt":"2026-02-28T10:40:24","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/02\/28\/breaking-news-u-s-and-israel-strikes-iran-trigger-crypto-crash-bitcoin-drops-to-63k\/"},"modified":"2026-02-28T10:40:24","modified_gmt":"2026-02-28T10:40:24","slug":"breaking-news-u-s-and-israel-strikes-iran-trigger-crypto-crash-bitcoin-drops-to-63k","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/02\/28\/breaking-news-u-s-and-israel-strikes-iran-trigger-crypto-crash-bitcoin-drops-to-63k\/","title":{"rendered":"Breaking News: U.S and Israel Strikes Iran Trigger Crypto Crash, Bitcoin Drops To $63K"},"content":{"rendered":"

The post Breaking News: U.S and Israel Strikes Iran Trigger Crypto Crash, Bitcoin Drops To $63K<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

The crypto market saw a sudden and sharp crash after news of U.S. and Israeli strikes on Iran, raising geopolitical tensions in the Middle East. In just one hour, the total crypto market cap<\/a> fell 5.42%, wiping out billions in recent gains. Bitcoin dropped nearly 6%, falling to around $63,410.<\/p>\n

This quick sell-off has pushed the entire crypto market back into EXTREME FEAR once again. <\/p>\n

The U.S and Israel launched a Missile Attack on Iran<\/h2>\n

Israeli Defence Minister Israel Katz confirmed that the country launched what he described as a \u201cpre-emptive\u201d missile attack against Iran. Reports also indicated that the United States took part in the strikes.<\/p>\n

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BREAKING:<\/p>\n

US AND ISRAEL CARRIED OUT JOINT ATTACK ON IRAN.<\/p>\n

UNITED STATED SEEMS TO BE AT WAR WITH IRAN TOO. pic.twitter.com\/U7VJay0mHe<\/a><\/p>\n

— Crypto Rover (@cryptorover) February 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Following the attack, Iran\u2019s official stated that Tehran is preparing a response to the US-Israeli action, warning that counterattacks could be severe. <\/p>\n

The situation escalated after talks between the US and Iran over Tehran\u2019s nuclear programme ended without a clear resolution, with further discussions expected next week.<\/p>\n

Over $506 Million Liquidated in 24 Hours<\/h3>\n

The sell-off triggered a wave of forced liquidations across crypto derivatives markets. According to CoinGlass data, 152,275 traders were liquidated in the past 24 hours, with total liquidations reaching $515 million.<\/a><\/p>\n

The largest single liquidation occurred on Aster in the BTCUSDT pair, valued at $11.17 million. <\/p>\n

The spike in liquidations surges the volatility, accelerating the downward pressure as leveraged positions were wiped out.<\/p>\n

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