U.S. Central Command confirmed that American forces launched a new round of strikes on Tuesday against targets linked to Iran’s Islamic Revolutionary Guard Corps. The action followed recent Iranian threats to attack commercial vessels near the Strait of Hormuz and hostile acts against U.S. personnel, including a missile attack in Jordan. After President Donald Trump ordered the operation, regional tensions escalated sharply, heightening risks for global shipping security and energy markets.

Bitcoin jumped toward $71,000 as a 24-hour liquidation wave hit $2.99 billion across the crypto market. Shorts accounted for about $2.74 billion, or roughly 92% of the total. Bitcoin led with around $1.42 billion in liquidations, followed by Ethereum at about $1.13 billion. Analysts said BTC needs to hold $67,200 to show demand goes beyond short-covering.

U.S. President Donald Trump said at a White House technology event that the government is reviewing plans to buy Bitcoin and other digital assets on a large scale. The comments stoked expectations of new federal demand and pushed BTC up 8.27% to $69,533.54. Trump did not disclose the purchase size, timing, funding source or legal framework, and said the idea remains under review.