đ¨ Trumpâs Iran Warning Sparks Crypto Market Chaos â BTC Dips Below $103K đ¨
In a fiery TruthSocial post, former President Donald Trump warned Iran to âact quicklyâ and strike a nuclear deal âbefore there is nothing left,â referencing Israelâs recent military strikes on Iranâs nuclear facilities. Trump stressed diplomacy but foreshadowed âmore brutal attacksâ if Iran fails to cooperate.
The geopolitical shockwave sent immediate tremors through global markets â and crypto wasnât spared. Bitcoin tumbled below $103,000, wiping billions in market cap as investors rushed for safety. Traders liquidated over $300 million in long positions within 24 hours, according to Coinglass.
Why does this matter? War risk = inflation fear. With JPMorgan forecasting oil to surge above $120 per barrel if tensions escalate, the threat of renewed inflation looms. Thatâs bad news for risk assets like crypto, which thrive on liquidity and low rates.
But seasoned investors know: crises often create long-term opportunities. As fear drives prices down, Bitcoin and other major coins could rebound once the dust settles â especially if the Fed holds interest rates steady.
For now, stay alert. Watch energy prices, Fed commentary, and any signs of diplomatic de-escalation. In chaos, strategy wins. đ§ đđ