Israeli Prime Minister Benjamin Netanyahu declared on May 10, 2026, that the military campaign against Iran “is not over” until all enriched uranium is removed from the country and its nuclear enrichment sites are dismantled. The statement effectively puts diplomacy on a timer, with force positioned as the fallback if negotiations stall.
The crypto market is paying attention. Bitcoin slid to around $104K amid the escalation, and Iranian exchanges saw Bitcoin outflows surge roughly 700% in the days following the initial strikes.
What’s happening on the ground
The US-Israeli military campaign against Iran began on February 28, 2026, and continued for 20 days. Netanyahu has claimed that the strikes significantly degraded Iran’s uranium enrichment capabilities and missile production infrastructure.
Netanyahu’s latest comments make clear that the job, as Israel defines it, isn’t finished. Remaining nuclear materials need to be physically removed from Iranian territory, and he’s signaled that military action remains a live option if that doesn’t happen through other channels.
