After the Israel Defense Forces launched a "targeted and limited" ground invasion into southern Lebanon yesterday (1), CNN reported last night that the White House warned that Iran was preparing to launch a ballistic missile attack on Israel soon.
As a result, at midnight today (2nd), Iran confirmed that it had launched at least 200 missile attacks on Israel, and the conflict between the two sides escalated again. According to a statement from the Islamic Revolutionary Guard Corps that was broadcast earlier on Iranian state television, they said that if Israel retaliated, it would launch missiles again.
The statement said the missile attack was in retaliation for the assassination of Hamas leader Haniyeh in July, the assassination of Hezbollah leader Nasrallah last week, and the killing of Lebanese and Palestinian people. There are fears that the region will fall further into all-out war.
Israel: Most missiles have been intercepted
During the Iranian missile attack, air raid sirens sounded across Israel, including in Jerusalem and Tel Aviv. Israeli military spokesman Hagari said its air defense systems intercepted most of the incoming missiles, and the United States also said it would assist in intercepting some missiles.
Only a few missiles landed in central and southern Israel, but most were intercepted... No casualties were reported.
Israeli Prime Minister Netanyahu said that Iran has made a major mistake this time and will pay a price for it, emphasizing that no matter who is attacked, Israel will fight back.
U.S. stocks plunge
As the war intensifies and tens of thousands of workers at 14 major ports on the East Coast and Gulf Coast of the United States launch strikes on Tuesday, it is predicted that billions of dollars of damage will be caused to the economy every day... US stocks plunged simultaneously last night.
- The Dow Jones Industrial Average fell 173.18 points, or 0.41%, to close at 42,156.97 points.
- The Nasdaq fell 278.81 points, or 1.53%, to close at 17,910.36 points.
- The S&P 500 index fell 53.73 points, or 0.93%, to close at 5,708.75 points.
- The Philadelphia Semiconductor Index fell 148.11 points, or 2.86%, to close at 5,024.94 points.
Bitcoin hits low of $60,160
In the cryptocurrency market, Bitcoin experienced three major declines from after 11 o'clock last night to early this morning, with the lowest reaching $60,160 around 04:30 earlier. However, it rebounded before the deadline and is now trading at US$61,266. The decline in the past 24 days has narrowed to 3.24%.
Ethereum's lowest price in the morning was $2,412. It rebounded to $2,475 before the deadline, down 5.75% in the past 24 days.
The entire network was liquidated to US$520 million
According to Glassnode data, the liquidation amount of contracts across the entire network in the past 24 hours exceeded US$520 million, of which long positions liquidated more than US$440 million, and a total of more than 154,000 people were liquidated.
The current market changes are fierce, investors are advised to pay attention to risks.
