'A whole civilization will die': Crypto markets under pressure as Trump ups rhetoric towards Iran
CoinDesk
Bitcoin and broader markets retreat as President Trump sets a high-stakes deadline for Iran regarding the Strait of Hormuz.Summary
Bitcoin prices fell below $70,000 as geopolitical tensions escalated due to President Trump's Tuesday deadline for Iran to reopen the Strait of Hormuz. Trump issued a stark warning on social media, suggesting severe consequences if the deadline is ignored, while U.S. stock futures also trended downward. Despite comments from Vice President J.D. Vance indicating that military objectives have been met, market uncertainty remains high, further impacted by broader economic factors like rising oil prices.
(Source：CoinDesk)