Trump announces US airstrikes on Iran's nuclear sites, Bitcoin dumps, then pumps

Key Takeaways

• US forces carried out airstrikes on Iranian nuclear facilities Fordow, Natanz, and Esfahan.
• The strikes increase the risk of regional escalation and instability in the Middle East.

President Trump has confirmed that the US military launched a series of airstrikes late Saturday against three Iranian nuclear facilities, including Fordow, Natanz, and Esfahan, officially joining the escalating conflict between Iran and Israel.

Following the news, the price of Bitcoin saw a sudden dip to $101,000 on Binance, though it quickly bounced back above $103,000.

According to Trump, all aircraft safely exited Iranian airspace and were en route home by Sunday morning.

The strikes follow recent Israeli attacks on Iranian nuclear infrastructure and came after a two-week diplomatic ultimatum expired. US officials cited concerns over failed negotiations.

The operation raises risks of regional escalation, with Tehran potentially retaliating against US forces or allies in the Middle East.

The White House and Pentagon have not issued formal statements beyond Trump’s announcement. Tehran has not officially responded, and no casualty or damage reports have been confirmed.

Trump plans to address the nation at 10 PM tonight.