The US Treasury Department announced it has seized nearly $1 billion in Iran-linked cryptocurrency as part of its "Operation Economic Fury." $BTC Bitcoin has faced strong downward pressure as a direct result of escalating tensions, undermining earlier positive market tailwinds. This includes coordinated actions where stablecoin issuers like Tether froze hundreds of millions in $USDT across wallets identified by blockchain analytics as tied to the Islamic Revolutionary Guard Corps (IRGC)

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