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Bitcoin Trend | Trump's Final Warning Imminent: Breaks Below $69k
American President Trump’s ultimatum to Iran is imminent, and Bitcoin has fallen below the $69k level.
According to CoinDesk quotes, over the past 24 hours Bitcoin briefly hit a high of $70,218, but it soon saw a series of breaches below the $70k and $69k thresholds. It is currently trading at $68,553, down 0.78%. Ethereum is currently $2,100, down 1.59%; Dogecoin is down 1.53%.
On Monday, Trump warned that unless Tehran reaches an agreement to end the war in Iran, he will order large-scale attacks on Iran’s civilian power plants and bridges on Tuesday night.
Analysts say that if Bitcoin cannot stabilize above $70k in the short term, it will face renewed selling pressure following a loss of confidence among holders.