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Kuwait , Thursday 16 July 2026

Why is Crypto Going Down? Iran Just Bombed Kuwait’s Airport and Struck the Strait of Hormuz, Bitcoin Is Crashing Toward Critical Support

Published on: Tuesday 02 June 2026

Why is Crypto Going Down? Iran Just Bombed Kuwait’s Airport and Struck the Strait of Hormuz, Bitcoin Is Crashing Toward Critical Support Crypto crashed overnight as Iranian strikes on Kuwait’s international airport and escalating conflict in the Strait of Hormuz sent risk assets into freefall, with more than $700 million in leveraged long positions forcibly closed in a 12-hour window. Bitcoin dropped sharply toward critical support levels, dragging the total crypto market ...


News source: https://finance.yahoo.com/markets/crypto/articles/why-crypto-going-down-iran-092633905.html

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