The statements made during the Asian market opening did not fully reflect the signals given hours before. Trump was expected to announce that he would withdraw by saying it was over, because that was what was implied. However, although the tone and direction of the statement changed, the result did not change. what is expected BTC It was bearish for and BTC fell.
Trump’s statements
of Iran Each new day that the strait remains closed means that oil remains at 3-digit levels, pushing inflation up. Moreover, this is not expected to end anytime soon. Therefore, central banks may need to start increasing interest rates again. Trump’s statement is summarized as follows:
“Iran’s navy is destroyed, its air force is in ruins. Most of Iran’s leaders are dead. Iran’s ability to launch missiles and unmanned aerial vehicles has been restricted. We do not need oil from the Middle East.
We will never allow Iran to have nuclear weapons. Key strategic objectives are nearing completion. We will get the job done and we will get it done very quickly. We are very close. Iran can never be trusted with nuclear weapons
The increase in gasoline prices is due to Iran’s attack on tankers. The recent rise in gas prices is short-term: The United States has plenty of gas. We are in a very good position for the future.
We did not need and do not need the Strait of Hormuz.
Iran was essentially destroyed. The hard part is over. When the conflict is over, the Bosphorus will naturally open. We are on track to complete all of America’s military objectives, very soon. We will deal them a very hard blow in the next two or three weeks. Meanwhile, negotiations continue.
We can attack oil facilities. We have all the trump cards and they have none. “Iran is not really a threat anymore.”
What happens to cryptocurrencies?
Talking about the 1st and 2nd World War and other major wars, Trump implied in his statement that 1 month is an extremely short period of time. In other words, US soldiers sent to the region are being sent to attack and there may be no agreement with Iran. Thus, the date of April 6 is wasted. Naturally, we saw that the oil price quickly reached the 110 dollar limit.
So, what we should expect for cryptocurrencies in the next 2-3 weeks should be further declines. This is the prolongation of the war inflationist This means that its effects become stronger. cryptocurrencies We can see that investors are reducing their risks as they will have to price in possible interest rate increases in the current environment.
