Bitcoin Under Pressure After Trump’s Iran Rhetoric
Bitcoin slipped about 2.0% to $66,512 on Thursday after U.S. Presiden Trump struck a hawkish tone in a national address on the Iran conflict, vowing to hit the country “extremely hard” in the coming weeks. Speaking from the White House, Trump said the U.S. military is “very close” to completing “Operation Epic Fury,” claiming severe damage to Iran’s nuclear, naval, and weapons infrastructure, including drones and missile capabilities.
Despite the tough remarks, Trump noted that negotiations are ongoing. The U.S. is demanding Iran dismantle its nuclear program, secure key shipping routes, and halt support for proxy groups, while Iran is seeking a permanent ceasefire, compensation, and a full withdrawal of U.S. forces from the region. The escalation in Trump’s Iran rhetoric weighed on short-term risk sentiment, pressuring assets like Bitcoin. Still, hopes for diplomacy helped limit deeper losses, leaving prices vulnerable to further swings as geopolitical developments continue to unfold.
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