Bitcoin Under Pressure as Trump Reportedly Prepares to Strike Iran Within 24 Hours
Meanwhile, oil prices have skyrocketed to a monthly peak.
Reports indicate that President Trump is preparing to strike Iran within 24 hours, a geopolitical escalation that has already pushed oil prices to a monthly peak. Bitcoin is trading under pressure as traders price in risk-off conditions and potential volatility across global markets. A military conflict would likely weigh on risk assets including crypto, though BTC could also see safe-haven demand depending on how the situation develops.