Pakistan shelters Iranian military jets at Nur Khan Air Base as US-Iran conflict rattles crypto markets
Pakistan is hosting Iranian military jets at its Nur Khan base, triggering geopolitical tensions that have negatively impacted global cryptocurrency markets.Summary
Pakistan has permitted Iranian military aircraft to station at the Nur Khan Air Base to protect them from potential US strikes amid escalating regional tensions. This geopolitical maneuver has directly affected the financial sector, causing Bitcoin to drop to $80,500 and the CoinDesk 100 index to decline by 1.5%.
The conflict coincides with US efforts to curb Iran’s use of cryptocurrency to bypass economic sanctions. Following the US Treasury's freeze of $344 million in Iranian-linked digital assets, investors are reassessing risks across decentralized finance protocols and exchanges. With oil prices reaching $126 per barrel, the market is bracing for continued volatility as the economic and military confrontation between the US and Iran intensifies.
(Source：Crypto Briefing)