🚨 BREAKING: Iran Raises Symbolic Red Flag of Retribution at Jamkaran Mosque 🇮🇷
In a powerful and rarely seen gesture, Iran has raised the red flag of revenge atop the Jamkaran Mosque in Qom — a move deeply rooted in Shiite tradition and signifying a call for justice following a national tragedy.
This symbolic act follows the killing of senior Hamas official Ismail Haniyeh in Tehran, which Iranian authorities have attributed to Israeli forces. Supreme Leader Ayatollah Ali Khamenei has issued a stern warning, pledging a harsh response, stating:
> "After this bitter event that occurred within the borders of our country, it is our duty to exact revenge."
The red flag, which reads "O ye avengers of Hussein", draws from the historic martyrdom of Imam Hussein, and is only raised during times of intense national grief and impending retribution. The last major instance occurred after the 2020 assassination of General Qassem Soleimani.
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📊 Market Response Amid Heightened Tensions:
Bitcoin (BTC): $104,841 — ▼ 2.08%
Ethereum (ETH): $2,541 — ▼ 7.38%
S&P 500 ETF (SPY): $603.75 — ▲ 0.36%
Gold ETF (GLD): $312.20 — ▲ 1.23%
Investors are closely watching developments, with digital assets showing volatility while traditional safe havens like gold gain ground amid geopolitical uncertainty.
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🧠 Why It Matters: Iran’s display of the red flag is more than symbolic — it signals the possibility of military or cyber retaliation, potentially through proxy forces. Markets may remain volatile as investors weigh the risks of broader regional conflict.
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Bitcoin was falling further back from its recent record high on Friday even with major regulatory developments for the crypto industry. $BTC The Securities and Exchange Commission dismissed its lawsuit against crypto exchange Binance according to a court filing Thursday, the latest example of the watchdog walking back Biden-era cases against key digital-asset companies.
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