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Trump’s New Iran Strategy Revealed: Will Bitcoin Pay the Price Again?


Trump’s New Iran Strategy Revealed: Will Bitcoin Pay the Price Again?

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Lower-than-expected US CPI for June pushed Bitcoin higher on Tuesday and Wednesday, lifting the price to a multi-week peak of $65,000 and briefly boosting crypto market momentum. That progress is now threatened by quickly escalating Middle East tensions and reports of US President Donald Trump’s new attack strategy against Iran, raising downside risk for crypto markets and adoption.

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Bitcoin’s price charted impressive gains on Tuesday and Wednesday after the lower-than-expected US CPI numbers for June, spiking to a multi-week peak of $65,000.

However, this progress is in danger again due to the quickly escalating tension in the Middle East, especially since many reports outlined US President Donald Trump’s new attack strategy against Iran.

Read the article at CryptoPotato

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In This News

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