Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut
Bitcoin stabilized near $67,500 after a dip as Trump plans to end the Iran conflict without reopening the Strait of Hormuz, impacting global markets and oil flows.
- On Tuesday, President Donald Trump told aides he is prepared to end the military campaign against Iran without first reopening the Strait of Hormuz, shifting focus to hobbling Iran's navy and degrading its missile stockpiles.
- Trump and his aides concluded in recent days that a mission to reopen the waterway would push the conflict past his preferred timeline of four to six weeks, making it a secondary objective.
- U.S. stocks rallied Tuesday morning as The Dow Jones Industrial Average rose more than 400 points, while Bitcoin traded at $67,545, with JPMorgan noting the cryptocurrency is weathering the Iran crisis better than gold.
- Trump urged other countries to "Build up some delayed courage, go to the Strait, and just TAKE IT," warning the United States won't help, while Iran's parliamentary speaker Mohammad-Bagher Ghalibaf advised investors to treat his statements as contrary indicators.
- If diplomatic pressure on Tehran fails, Washington would push European and Gulf allies to take the lead on reopening the waterway, though military options remain on the table but are not Trump's immediate priority.
11 Articles
11 Articles
President Trump Sees The ‘Handwriting On The Wall’ That War With Iran Is Virtually Unwinnable And Begins The Process Of Attempting A Face-Saving Exit
by Geoffrey Grinder, Now The End Begins: President Trump Seeks Endgame in Iran War as NATO Offers No Real Help and Strait of Hormuz Remains Unsettled After reducing much of Iran to rubble, and having come to the realization that this war is not winnable, President Trump is now reportedly preparing to walk away and leave […]
Bitcoin holds $67,500 as Trump signals he may end Iran war with Hormuz still shut
Equity futures rallied and oil erased gains on the report, but the S&P 500 is on its longest losing streak since 2022 and MSCI Asia Pacific is heading for its worst month since 2008.
What we need to remember: Trump sets a deadline of 2 to 3 weeks to end the Iranian war and will address the nation on Wednesday night. Bitcoin increases from 2% to 69,000$ while Asian equities record their best session since the beginning of the conflict with +4%. Morgan Stanley launches a 14-point Bitcoin ETF, giving access to its 16,000 advisors who manage 6,200 billion$. Trump sets a three-week time limit for peace Donald Trump told journalis…
Trump Willing to End Iran War Without Reopening Hormuz; Crypto Market Reacts
Crypto markets turned positive after Trump signaled the Iran conflict may end without Hormuz reopening. Iran signaled its willingness to end the war if security guarantees and protections were provided. Bitcoin rebounded above $67K as easing war fears improved risk appetite across markets. The crypto market today turned positive after President Donald Trump signaled the U.S. could end the Iran conflict without reopening the Strait of Hormuz. The…
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