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Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request


by Jordan Lyanchev
for CryptoPotato
Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request

The tension in the Middle East doesn’t seem to be nearing a conclusive end as Iran’s Supreme Leader said his nation will not surrender despite US President Trump’s recommendations yesterday.

In the meantime, BTC’s price continues to feel the consequences of yet another global turmoil as it fell below $105,000 earlier today.

As reported yesterday, the POTUS made some critical remarks on the Iran-Israel conflict, indicating that the US intelligence knew where Tehran’s Supreme Leader hid. Trump called Khamenei an “easy target,” but said he is safe for now.

However, the US President demanded that Iran surrender unconditionally. Cited by several media outlets, Khamenei refused Trump’s proposition, saying that his country will not surrender. Moreover, Iran’s Supreme Leader warned that there will be “irreparable harm” if the US further backs Israel and joins the attacks.

A White House official confirmed yesterday that Trump and Israel’s Prime Minister, Benjamin Netanyahu, spoke on the phone while the US continues to build up military forces in the region.

In the past few days alone, the US has sent a third Navy destroyer in the Mediterranean Sea, and a second carrier strike group is heading toward the Arabian Sea.

So far, though, the Pentagon has denied that these moves are anything more than “purely defensive” operations.

Bitcoin’s price slumped yesterday after Trump’s statement, and has failed to stage a meaningful recovery. It’s unlikely to do so in the near term as the tension in the Middle East continues to escalate.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

The post Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

Trump said the US knows where Iran's Supreme Leader is hiding and called for the coun...
Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions

Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions

Digital assets may be hardening against geopolitical tensions as the latest move was ...
MainNewsBitcoin Rema...

Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request


by Jordan Lyanchev
for CryptoPotato
Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request

The tension in the Middle East doesn’t seem to be nearing a conclusive end as Iran’s Supreme Leader said his nation will not surrender despite US President Trump’s recommendations yesterday.

In the meantime, BTC’s price continues to feel the consequences of yet another global turmoil as it fell below $105,000 earlier today.

As reported yesterday, the POTUS made some critical remarks on the Iran-Israel conflict, indicating that the US intelligence knew where Tehran’s Supreme Leader hid. Trump called Khamenei an “easy target,” but said he is safe for now.

However, the US President demanded that Iran surrender unconditionally. Cited by several media outlets, Khamenei refused Trump’s proposition, saying that his country will not surrender. Moreover, Iran’s Supreme Leader warned that there will be “irreparable harm” if the US further backs Israel and joins the attacks.

A White House official confirmed yesterday that Trump and Israel’s Prime Minister, Benjamin Netanyahu, spoke on the phone while the US continues to build up military forces in the region.

In the past few days alone, the US has sent a third Navy destroyer in the Mediterranean Sea, and a second carrier strike group is heading toward the Arabian Sea.

So far, though, the Pentagon has denied that these moves are anything more than “purely defensive” operations.

Bitcoin’s price slumped yesterday after Trump’s statement, and has failed to stage a meaningful recovery. It’s unlikely to do so in the near term as the tension in the Middle East continues to escalate.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

The post Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

Trump said the US knows where Iran's Supreme Leader is hiding and called for the coun...
Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions

Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions

Digital assets may be hardening against geopolitical tensions as the latest move was ...