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Posted on • Originally published at mlxio.com

22 US Targets Hit — Bitcoin's War Hedge Story Cracks

A 22-target IRGC strike is testing Bitcoin’s crisis-hedge pitch as forced selling and war risk slam crypto.

Key takeaways

  • Bitcoin had already seen around $1 billion in liquidations during earlier, smaller 2026 US-Iran military exchanges; now the reported IRGC strike is broader, hi...
  • That is the tension at the center of this market shock. Crypto is often sold as insurance against sovereign risk. Yet the first response to military escalation is ofte...
  • Iran-US escalation punctures crypto’s crisis-hedge reflex
  • The market assumption is simple: if states fight, non-sovereign assets should look better. The reality is messier. Bitcoin may carry a long-term “outside the syste...

👉 Read the full breakdown on MLXIO

Canonical source: https://mlxio.com/crypto/irgc-strike-bitcoin-liquidations

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