Video footage showing smoke billowing from Bushehr Airport after US military strikes on Tuesday has added another layer of uncertainty to an already jittery global market. Bitcoin responded the way it usually does when missiles start flying: it went down.
The cryptocurrency dropped to approximately $61,688 as traders processed the implications of sustained US military operations targeting sites in and around Iran’s Bushehr province, a region that happens to sit at the crossroads of nuclear infrastructure and critical energy supply chains.
What happened in Bushehr
US strikes targeted military sites in the Bushehr area over a multi-day campaign running from July 9 to July 12. The latest footage, showing an explosion and rising smoke at Bushehr Airport, is the most visceral evidence yet of the campaign’s scope.
This isn’t the first time the airport has been hit. Back on March 3, an earlier round of strikes destroyed an Iran Air Airbus A319 sitting on the tarmac.
