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Bitcoin Remains Below $105K as Iran’s Supreme Leader Responds to Trump’s Surrender Request
The ongoing tensions in the Middle East have had a significant impact on the global financial markets, with Bitcoin (BTC) failing to recover above the psychological barrier of $105,000. The digital currency has been trading within a narrow range for several days now, unable to muster enough momentum to break through the ceiling.
This comes as Iran’s Supreme Leader, Ali Khamenei, responded to a surrender request made by US President Donald Trump yesterday. In his statement, Khamenei reaffirmed his country’s stance on not backing down in the face of aggression, stating that Iran will not surrender under any circumstances.
Trump had earlier called Khamenei an “easy target” and demanded unconditional surrender from Tehran. However, the Supreme Leader remained resolute, warning that there would be “irreparable harm” if the US continues to support Israel’s attacks. The threat of war looms large over the region as the Pentagon has denied claims that military moves are purely defensive.
The White House confirmed a phone conversation between Trump and Israeli Prime Minister Benjamin Netanyahu, further fueling tensions in the region. As a result, market participants have become increasingly cautious, leading to a lack of significant price action from BTC.
Source: cryptopotato.com
