Bitcoin slips after Trump warns Iran’s civilization could be destroyed

Bitcoin's price fell below $68,000 amidst heightened geopolitical uncertainty following a stark warning from US President Donald Trump to Iran, stating that "a whole civilization will die tonight." Trump's comments on Truth Social, referencing "47 years of extortion, corruption, and death" and the potential for "complete and total regime change," were interpreted by markets as a sign of escalating conflict. This led to a surge in crude oil prices and a sell-off in risk assets, including cryptocurrencies. Ether, BNB, XRP, and Solana all experienced declines, and the total crypto market capitalization dropped by 2%. Despite this, US spot Bitcoin ETFs saw their largest single-day inflow of $471 million on Monday, suggesting forward-looking investor positioning anticipating potential shifts in global monetary policy. However, rising oil prices, geopolitical tensions, and inflation concerns present headwinds, reducing expectations of imminent rate cuts and indicating a fragile market structure with increased downside risk.

(Source：Crypto Briefing)