Bitcoin (BTC), Nasdaq futures decline as Trump won’t rule out more Iran strikes
Summary
Bitcoin fell 1.3% to $83,324 as Nasdaq futures declined and oil prices rose amid uncertainty over possible renewed U.S. strikes on Iran. President Donald Trump said the conflict could end soon but did not rule out further military action; Iran said it was prepared for renewed fighting. Trump rejected Iran’s proposal to reopen the Strait of Hormuz for seven days while pausing hostilities. The conflict has fueled inflation concerns and pushed the 10-year Treasury yield to 5.20%, its highest since 2007. Bitcoin is still up 42% over three months. Traders are watching U.S. inflation, manufacturing and jobs data this week for clues about interest rates and market direction.
