The Islamic Revolutionary Guard Corps (IRGC) claimed responsibility for strikes on Ali Al Salem Air Base in Kuwait, which houses US military personnel and equipment. Iran described the attacks as part of the « third phase » of its retaliation against US aggression, rattling global risk markets. Bitcoin’s price dropped toward the $100,000 level amid over $700 million in liquidations triggered by the sudden volatility. The strikes targeted ammunition depots, fuel tanks, Patriot missile defense systems, and personnel hangars on multiple dates. Without independent confirmation of damage or casualties from US or Kuwaiti sources, markets are essentially trading on Iranian state claims.
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