Iran fires missiles at Israel as Trump scrambles to save ceasefire, Bitcoin drops below $63K

Iran's June 7 missile strike on northern Israel marks the first direct attack since the April ceasefire, shattering weeks of calm and signaling renewed regional risk. The Iranian volley consisted of ballistic missiles reportedly aimed at Israeli targets, though the Israel Defense Forces intercepted incoming projectiles and reported no casualties. Iranian actions were described as retaliation for Israeli operations against Iranian interests in Beirut, with a brief exchange of fire before a pause resumed. The event triggered immediate market reactions, sending Bitcoin below $63,000 and sending oil prices up more than 4% intraday, underscoring macro contagion as energy and crypto markets move in tandem amid heightened tensions. President Trump urged both Tehran and Jerusalem to stand down and return to talks, attempting to contain escalation and preserve a fragile ceasefire.