Iran firmly rejects Trump's capitulation demands, Bitcoin falls below $105,000

On June 18, U.S. President Trump posted on his social media platform TruthSocial, stating that if Iran wants to avoid further military strikes, it should "unconditional capitulation."

Trump also stated that the U.S. knows the whereabouts of Iran's supreme leader, but currently has no intention of attacking. He warned that America's patience is "running out" and emphasized that Iran cannot have nuclear weapons.

Trump's remarks were made after the escalation of tensions between Israel and Iran. Nevertheless, the price of Bitcoin is still affected by global turmoil, having fallen below $105,000 earlier today.

However, Iran's Supreme Leader responded to Trump's capitulation request by stating that Iran would not yield. Iranian President Ali Khamenei also warned Trump that if the U.S. joins Israel's attacks, it will result in "irreparable losses." Meanwhile, Iran launched missile attacks on Israel for the third consecutive night, escalating tensions in the Middle East.

Former President Trump's stern criticism undoubtedly impacted the market, causing the Bitcoin price to remain under pressure, currently hovering below $105,000.

Market analysts further pointed out that, given the lack of signs of easing in the Middle East tensions, this turmoil is unlikely to subside in the short term, and the hope for Bitcoin prices to recover and rebound seems bleak in the current environment.

Currently, investors are closely watching the developments, as any new movements could once again impact market sentiment. This series of events also indicates that geopolitical turbulence not only threatens regional security, but its spillover effects are also sufficient to severely shake financial markets in the short term.

#特朗普 # Middle East situation #Geopolitics