Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions
The post Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions appeared on BitcoinEthereumNews.com. Total crypto market capitalization shed around $80 billion over a few hours late on Monday night as Middle East tensions escalated. It fell marginally to around $3.44 trillion as Bitcoin dipped by over $2,000 in a decline to around $106,500 before it immediately started to recover and reclaim $107,000 at the time of writing. The dip was caused by US President Donald Trump calling for the evacuation of Tehran as the exchange of missiles between Israel and Iran continued for a fourth day. Trump Leaves G7 Donald Trump departed the annual G7 meeting in Canada early, telling reporters, “I have to be back early for obvious reasons.” The POTUS also took to his Social Media platform to say that Iran should have signed his “deal” before adding that the country cannot have a nuclear weapon and “everyone should immediately evacuate Tehran.” TRUMP: “Everyone should immediately evacuate Tehran.” pic.twitter.com/vGygTxuFsg — The Kobeissi Letter (@KobeissiLetter) June 16, 2025 Meanwhile, other nations, including China and Russia, urged their citizens to evacuate Tel Aviv as the military action intensified. The message appeared orchestrated to increase pressure on Iran to come to the negotiating table amid a veiled threat of military intervention. “American forces are maintaining their defensive posture, and that has not changed. We will defend American interests,” White House spokesman Alex Pfeiffer wrote on X while disputing fake news that air strikes were imminent. Odds on the United States taking military action against Iran before the end of this month surged to 67% on blockchain prediction platform Polymarket. BREAKING: The U.S. is projected to take imminent military action against Iran. 67% chance. pic.twitter.com/Cqcy3OnBki — Polymarket (@Polymarket) June 16, 2025 Markets Disagree With WWIII A crypto market reaction of this minor magnitude is just another day on the field, which begs the question: Are digital…
The post Crypto Shows Immunity as Bitcoin Quickly Recovers From Tehran Tensions appeared on BitcoinEthereumNews.com.
Total crypto market capitalization shed around $80 billion over a few hours late on Monday night as Middle East tensions escalated. It fell marginally to around $3.44 trillion as Bitcoin dipped by over $2,000 in a decline to around $106,500 before it immediately started to recover and reclaim $107,000 at the time of writing. The dip was caused by US President Donald Trump calling for the evacuation of Tehran as the exchange of missiles between Israel and Iran continued for a fourth day. Trump Leaves G7 Donald Trump departed the annual G7 meeting in Canada early, telling reporters, “I have to be back early for obvious reasons.” The POTUS also took to his Social Media platform to say that Iran should have signed his “deal” before adding that the country cannot have a nuclear weapon and “everyone should immediately evacuate Tehran.” TRUMP: “Everyone should immediately evacuate Tehran.” pic.twitter.com/vGygTxuFsg — The Kobeissi Letter (@KobeissiLetter) June 16, 2025 Meanwhile, other nations, including China and Russia, urged their citizens to evacuate Tel Aviv as the military action intensified. The message appeared orchestrated to increase pressure on Iran to come to the negotiating table amid a veiled threat of military intervention. “American forces are maintaining their defensive posture, and that has not changed. We will defend American interests,” White House spokesman Alex Pfeiffer wrote on X while disputing fake news that air strikes were imminent. Odds on the United States taking military action against Iran before the end of this month surged to 67% on blockchain prediction platform Polymarket. BREAKING: The U.S. is projected to take imminent military action against Iran. 67% chance. pic.twitter.com/Cqcy3OnBki — Polymarket (@Polymarket) June 16, 2025 Markets Disagree With WWIII A crypto market reaction of this minor magnitude is just another day on the field, which begs the question: Are digital…
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