US Fighter Jet Shot Down Over Iran as Geopolitical Tensions Escalate Bitcoin Market Volatility
- A US fighter jet was shot down over Iranian territory on April 3, 2026, intensifying the US-Israeli war on Iran that began with airstrikes on February 28 targeting nuclear sites and leadership.
- The incident prompted immediate retaliatory concerns, with Bitcoin prices wavering amid rising geopolitical risk premiums affecting crypto markets globally.
- Iran's closure of the Strait of Hormuz has triggered the largest oil supply disruption since the 1970s, spiking energy prices and impacting US economy.
- US officials confirmed the pilot's status as unknown, heightening fears of further escalations in the region.
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Read original · independent.co.uk
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