IRGC strikes US bases in Kuwait and Bahrain as Bitcoin takes a hit from geopolitical shock

Iran's IRGC launched missile and drone strikes targeting four US military bases in Kuwait and Bahrain, destroying key infrastructure. This action is described as the first phase of a punitive response. These geopolitical tensions have caused Bitcoin to decline due to market shock, with potential long-term impacts on global energy costs and cryptocurrency volatility, leading to broader economic repercussions across international markets as stability wavers following the attacks on these strategic military facilities.