Bitcoin jumps as Trump says U.S. in talks with 'new regime' in Iran, threatens oil infrastructure if deal fails
Summary
President Donald Trump announced on Truth Social that the U.S. is in "serious discussions" with a "new, and more reasonable, regime" in Iran to end military operations, suggesting a change in Tehran's leadership. In the same post, Trump demanded the immediate reopening of the Strait of Hormuz and threatened to "obliterate" key Iranian energy and civilian infrastructure, including power plants, oil wells, and Kharg Island, if a deal is not reached soon. This dual message—de-escalation via talks with a new government alongside explicit threats to critical infrastructure—created market uncertainty. Cryptocurrencies reacted positively to the de-escalation signal, with Bitcoin jumping to $67,580 (up 1.3%), Ether gaining 3.1%, and significant short liquidations occurring across the market.
(Source:CoinDesk)