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On February 28, 2026, the U.S. and Israel launched joint strikes on Iran to target military bases, missile sites, and suspected nuclear facilities in Tehran and other cities. President Trump described the operation as “massive and ongoing,” aimed at dismantling Iran’s missile and nuclear programs and reducing threats to regional security. Israel declared a nationwide emergency, warning of potential Iranian retaliation. In response, Iran vowed a “crushing response” and closed its airspace. Explosions and smoke in Tehran sparked global concern, sending shockwaves through markets as Bitcoin and other cryptocurrencies fell sharply amid rising Middle East tensions.