'A whole civilization will die': Crypto markets under pressure as Trump ups rhetoric towards Iran
CoinDesk·2h ago·Fear
What Happened
Bitcoin fell from $70,000 to $68,000 as President Trump set a Tuesday deadline for Iran to reopen the Strait of Hormuz. Trump warned of severe consequences in a Truth Social post. Vice President J.D. Vance confirmed an 8 pm ET deadline while stating military objectives were completed. U.S. stock futures declined, with Nasdaq 100 down 0.65%. WTI crude oil rose 1.7% to $114.22 per barrel.
Key Entities
BitcoinTrumpIranStrait of HormuzJ.D. VanceWTI crude oilNasdaq 100