Bitcoin Plummets After Trump's Iran Speech
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Bitcoin plummeted by 2.2% on Wednesday, dropping to $66,609, erasing Tuesdays gains. The slide began after President Trumps speech, where he promised to strike Iran, causing top tokens like Ether, BNB, XRP, and Solanas SOL to also drop. Crypto had rallied earlier in the week on Trumps hints of a quick resolution, but the speech dashed those hopes. Oil prices surged, Asian shares dropped, and U.S. and European futures fell. The dollar strengthened, and treasuries dipped on inflation fears. Crypto is stuck in a volatile routine, bouncing between $60,000 and $73,000 on every headline. The Fear and Greed Index is in the extreme fear zone. While April has historically been a green month for Bitcoin, war headlines continue to dominate, trapping investors in a hope-to-heartbreak loop.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/422e2acef2b8890d