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Trump’s Iran Ultimatum Triggers Sharp Selloff in Bitcoin and Stock Markets
Digital assets, equities, and cryptocurrency markets experienced widespread declines Wednesday evening after President Trump’s televised national address failed to provide investors with any pathway toward de-escalation in the U.S.-Israeli conflict with Iran. Prior to the president’s speech, market sentiment had been tilting cautiously bullish. Trump’s earlier comments hinted at a potential conflict resolution within weeks, suggesting a comprehensive Tehran agreement might not be necessary. Asian equity markets had rallied 4%, while S&P 500 futures climbed sharply. Investor confidence had reached its ... (full story)