Iranian missiles targeted Israeli territory on June 8, marking the first direct bombardment from Iranian soil since a ceasefire was brokered on April 8. The Israeli military confirmed multiple salvos were detected heading toward northern and central Israel, and IDF spokesperson Effie Defrin framed the strikes as Iran’s attempt to reshape the region’s security landscape.
Bitcoin dropped more than 2% during the escalation period, reflecting the kind of risk-off panic that has become a familiar pattern whenever Tehran and Jerusalem exchange fire.
What happened and why it matters
Pakistan brokered a ceasefire between Iran and Israel on April 8, and for roughly two months, the situation appeared to be holding. That illusion ended when Iranian missiles began targeting sites across northern and central Israel.
Israel responded with airstrikes against Iranian military installations and petrochemical facilities.
