What's Happening
The United States and Israel launched coordinated military strikes on Iranian targets, escalating tensions in the Middle East. President Trump announced the commencement of "major combat operations," marking a significant military engagement.
Market Impact
Bitcoin's price fell to $63,000 as investors reacted to the geopolitical instability, while traditional markets remained closed over the weekend.
Broader Implications
This military action could strain U.S. relations with Iran further and impact global oil prices, given Iran's role in the energy market.