US forces shot down four Iranian drones near the Strait of Hormuz, triggering Bitcoin's drop below $73K and nearly $1 billion in crypto liquidations.

The US military says it has shot down four drones Iran has launched toward the Strait of Hormuz and struck some of Tehran's coastal surveillance radar sites in response.

The US intercepted four Iranian attack drones near the Strait of Hormuz, prompting retaliatory strikes on Iranian radar sites, as ceasefire tensions flare in the region.