Crypto

Bitcoin Threatens to Break Support as Trump Threatens to Destroy Iran

Price of Bitcoin over time. Image: Tradingview

In brief

  • Trump set an 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz or face destruction.
  • The move has rattled markets, with Bitcoin down 2% to $68,117 and a triple-pattern breakdown playing out on the daily chart.
  • Prediction market traders on Myriad give BTC a 57% chance of dumping…

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