Market News on Pancake Fluctuations 🔥🔥🔥🔥
US-Iran Nuclear Conflict Escalates: Bitcoin (BTC) Faces Brief Pressure, Experts Remain Bullish on Its Safe-Haven Potential
Escalation of US-Iran Conflict: The Shadow of Nuclear Threat and 'Regime Change'
On June 22, President Trump stated in a public speech that the goal of the United States is to 'destroy Iran's nuclear enrichment capability and prevent Iran's nuclear threat,' claiming that Iran's facilities have been 'completely destroyed.' He warned Iran that it would 'either face peace or tragedy,' and hinted at the possibility of 'precision strikes' on other targets beyond the 'most difficult targets' in the future. On the same day, Vice President Pence also emphasized that the United States is not at war with Iran, but is 'at war with its nuclear program,' considering this move as an opportunity to 'readjust relations and dialogue with Iran.'
It is noteworthy that on June 23, Trump further commented on his social platform Truth Social, although he stated that using the term 'regime change' is politically inappropriate, he immediately posed the question: 'If the current Iranian regime cannot make Iran great again, why can't there be a regime change?' This statement undoubtedly adds more uncertainty to the already tense US-Iran relations, suggesting a deeper potential stance by the US towards the Iranian regime. As a result, traders have become more cautious, and the price of Bitcoin has experienced a slight decline.
Bitcoin Faces Brief Pressure: Market Volatility Amid Geopolitical Risks
Following the US attacks on three Iranian nuclear facilities last weekend and the ongoing conflict between Israel and Iran, the Bitcoin market was not spared from the fluctuations caused by geopolitical tensions. BTC price briefly fell below $98,500, hitting a low of $98,286. This short-term price drop reflects the general risk-averse sentiment in the market when faced with sudden geopolitical events, as investors tend to sell risk assets. Currently, all eyes are on oil prices, technical charts, and macro prospects to assess the potential long-term impact of this conflict on the global financial market.
