Bitcoin
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104,875‘s price surged back to $105,000 as geopolitical tensions escalated between the U.S. and Iran. The catalyst was Iran’s denial of Russian weapon requests, and the subsequent remarks from Iran’s Supreme Leader Ali Khamenei, who disapprovingly endorsed negotiations. The security meeting concluded an hour before this article’s preparation, with reports indicating that the Wall Street Journal claimed U.S. attack plans had received approval. Here are key details you should be aware of.
The U.S. Considers Its Role in a Potential War
Iran’s efforts to enrich uranium for nuclear weapons have been no secret. President Trump announced that, had there been no interventions, Iran would soon possess nuclear weapons, declaring such a development a potential catastrophe for the world. Trump pledged to prevent Iran from acquiring these weapons.
A recent private meeting concluded without a formal statement from Trump, who had reportedly approved attack plans. Sources suggest the President was assessing whether Tehran would abandon its nuclear ambitions before issuing a final command. Trump’s “last chance” rhetoric aimed to urge a resolution.
Why, then, is the U.S. hesitating? The issue revolves around “Fordow,” Iran’s uranium enrichment facility, which is shielded deep within a mountain and immune to regular missiles. The U.S. possesses the necessary technology to target it, presenting a critical flashpoint if America intervenes.
Implications for War and Cryptocurrency
Advisors around Trump suggest his preference for a diplomatic resolution. However, Trump publicly conditioned this on Iran’s unconditional surrender, indicating limited time for negotiation.
Iran’s UN Mission responded assertively: “Iran will not negotiate under pressure, nor accept peace under duress.”
Foreign Minister Abdollahian maintained a more diplomatic tone: Iran wouldn’t pursue nuclear arms, emphasizing defense and promising accountability for aggressors.
Trump’s desire for Iran to renounce nuclear ambitions aligns with Iran’s official statements, although Khamenei allegedly opposes U.S. dialogue. NYT reports support a potential agreement, which seemingly influenced Bitcoin’s price surge to $105,000.
