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Bitcoin reached what analysts described as a breaking point on June 9, caught between a U.S.
military strike on Iran, an unexpected consumer-price reading, and the looming capital demands of a potential SpaceX public offering.
The simultaneous arrival of three distinct risk events forced traders to reassess how much uncertainty the market had already priced in. Geopolitical Shock Sets the Tone President Trump described U.S.
strikes on Iran as "proportional," a framing that did little to damp the flight-to-safety impulse that tends to punish risk assets in the opening hours after a military action.
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