Iran's counterattack continues to escalate, crypto market declines steadily seeking a bottom

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Mars Finance News: On March 8th, last night and this morning, the Islamic Revolutionary Guard Corps of Iran issued a statement announcing the launch of the 27th round of “Real Commitment 4” military operations. During this round, Iran used drones and missiles to target key sites in Israel and some U.S. military bases in the Middle East. Additionally, Iran attacked the U.S. embassy in Baghdad with Katyusha rockets.

Lari Jani, Secretary of Iran’s Supreme National Security Council, stated, “Iran will punish Trump for the assassination of Supreme Leader Khamenei and will not let him escape.” Iranian officials are united on how to respond to American and Israeli aggression. According to Iran’s state television, Iran is prepared to continue the war for at least another six months.

Affected by these events, the crypto market has entered a downward trend. Bitcoin briefly dropped below $67,000 this morning, currently trading at $67,321.42, down 0.81% in 24 hours. The total cryptocurrency market cap fell below $2.4 trillion, now at $2.382 trillion, nearly halving from its all-time high of $4.37 trillion.

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