US military airstrikes hit Iranian targets after an Apache helicopter was downed near the Strait of Hormuz. Bitcoin dropped to $62,500 as oil surged to $89.

US military struck Iranian radar sites after shooting down four drones near the Strait of Hormuz. Bitcoin dropped below $77K as crypto liquidations surged.

In a statement posted to social media, U.S. Central Command said the strikes would be “a proportional response to unjustified Iranian aggression.”