US Strikes Iran’s Kharg Island as ‘Most Powerful Bombing Raid’, Bitcoin Holds Near $70,000

US forces conducted a major bombing on Iran’s Kharg Island, a hub tied to about 90% of the country’s crude exports and roughly 2% of global oil supply. Bitcoin briefly faced resistance near $74,000 but is trading around $70,000‑$71,000, with potential volatility expected as traditional markets reopen.