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Bitcoin (BTC) Slides Below $63K as Middle East Conflict Sparks Market Volatility
Bitcoin experienced a notable decline Monday as escalating tensions between the United States and Iran prompted investors to retreat from higher-risk assets, including cryptocurrencies. The leading digital asset by market capitalization fell 1.8% to trade at $62,853.4 during early Monday trading hours. This price level represents approximately a 50% decline from Bitcoin’s October peak. The weekend witnessed an exchange of attacks between Washington and Tehran, with both nations offering contradictory reports regarding the status of the Strait of Hormuz. While US officials maintained the crucial shipping channel ... (full story)
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The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran. We are reinstating the THE IRANIAN BLOCKADE, so named because it is only stopping Iran’s ships or customers from entering or leaving. All other countries will have fair and open use of the Strait. The U.S.A. will be, from this point forward, known as “THE GUARDIAN OF THE HORMUZ STRAIT,” but as such, and as a matter of FAIRNESS, will be reimbursed, at the rate of 20% on all cargo shipped, for any and all costs necessary to do the job of providing safety and security to this very volatile section of the World. The process and formation will begin immediately. Thank you for your attention to this matter! President DONALD J. TRUMP
From parameter.io | 30 hr ago
Bitcoin continues to demonstrate resilience around the $63,800 level despite mounting geopolitical risks stemming from intensifying Middle Eastern conflict. The United States executed its third consecutive wave of military strikes against Iranian installations this week, prompting Tehran to announce the closure of the Strait of Hormuz “indefinitely.” ...
*TRUMP: WE'RE TAKING OVER THE STRAIT OF HORMUZ TRUMP: MAY SEE SHUTDOWN IN SEPTEMBER IF FILIBUSTER DOES NOT END *TRUMP, ASKED ABOUT IRAN REBUILDING: IRAN HAS NO CHANCE *TRUMP: WILL PROBABLY RUN HORMUZ *TRUMP: IRAN DIDN'T GET ANYTHING FROM ME TRUMP: HIT IRAN VERY HARD LAST NIGHT TRUMP: WE'RE GOING TO GET PAID FOR GUARDING STRAIT TRUMP ON IRAN: THEY'RE A BAD GROUP OF PEOPLE - INTERVIEW
