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Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'

CoinDesk
Cryptocurrencies and global markets fell after President Trump's address signaled no immediate de-escalation in the conflict with Iran.

Summary

Cryptocurrencies, including Bitcoin, Ether, and Solana, experienced a selloff following President Trump's national address, which failed to offer the de-escalation markets had anticipated. Instead, Trump promised to hit Iran "extremely hard," reversing a two-day rally and causing oil prices to surge while global equity futures declined. The market remains trapped in a cycle of volatility driven by geopolitical headlines, with Bitcoin continuing to trade within a range of $60,000 to $73,000 amid extreme investor fear.

(Source:CoinDesk)