Israeli warplanes hit Hezbollah targets in Beirut’s Dahieh district on June 7, breaking a US-brokered ceasefire that had barely lasted a week. Bitcoin dropped nearly 3% in the hours that followed, falling to approximately $71,276 as traders scrambled for the exits on yet another Middle Eastern escalation.
What happened in Beirut
The airstrikes targeted Hezbollah infrastructure in Dahieh, a densely populated southern suburb of Beirut that has long served as the militant group’s operational stronghold. Lebanese state media reported at least two people killed and between 11 and 17 wounded, with strikes hitting residential buildings in the area.
Israeli Prime Minister Benjamin Netanyahu framed the operation as retaliation for Hezbollah rocket fire directed at northern Israel. The strikes marked the first Israeli assault on the Lebanese capital since a US-brokered ceasefire was announced around early June.
US officials reportedly did not give a “green light” for the Israeli attacks, despite Washington’s direct involvement in negotiating the truce.
