Trump Considers Secondary Tariffs on Russian Oil Amid Tensions AI Summary According to BlockBeats, U.S. President Donald Trump expressed his anger towards Russian President Vladimir Putin during an interview with NBC News. Trump threatened to impose secondary tariffs on Russian oil if he believes Russia is responsible for failing to reach an agreement. Trump stated that the tariffs on Russian oil would range from 25% to 50%. He remarked, "I became very angry when Putin started questioning Zelensky's credibility and discussing the need for new leadership in Ukraine." Trump is reportedly planning to speak with Putin later this week.
What will happen to BTC if there is a war between Israel and Iran?
🔻 1. Fear in Markets:
When there is a war between any major countries, investors become frightened and move their money to "safe havens," such as gold or US dollars (USD). This could cause the price of BTC to drop.
💱 2. Increase in Oil Prices:
Iran is a major oil-producing country. If a war occurs, oil will become expensive, and the global economy will be affected. This could increase inflation and bring down the crypto market.
📉 3. Investors Avoid Risk:
During times of war, investors do not invest in risky assets. And since cryptocurrency is still considered a "risky asset," they start selling BTC, causing the price to fall.
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🔮 But sometimes can BTC go up?
Yes, some people consider BTC as "digital gold," and during times of risk, buy it as a safe haven — like during war or a crisis in the banking system.
Therefore:
If there is a lot of fear in the market, BTC will go down.
Bitcoin(BTC) Drops Below 121,000 USDT with a Narrowed 1.62% Increase in 24 Hours On Jul 14, 2025, 14:34 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 121,000 USDT and is now trading at 120,964.40625 USDT, with a narrowed narrowed 1.62% increase in 24 hours. #BTC120kVs125kToday
Market Sentiment Remains Bearish as Funding Rates Indicate Downtrend According to BlockBeats, data from Coinglass reveals that current funding rates across major centralized and decentralized exchanges indicate a bearish market sentiment. The funding rates for mainstream cryptocurrencies are detailed in the accompanying chart. Funding rates are fees set by cryptocurrency trading platforms to maintain balance between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders, without the platform charging this fee, to adjust the cost or profit of holding contracts, ensuring contract prices remain close to asset prices. A funding rate of 0.01% signifies a baseline rate. When the funding rate exceeds 0.01%, it suggests a bullish market sentiment. Conversely, a rate below 0.005% indicates a bearish outlook.