For cryptocurrency investors, the non-crypto agenda has been affecting the charts much more since Trump took office. With tariffs cryptocurrency markets It was kept busy for more than 1 year. Now, Iran tensions are turning investors into geopolitical experts. Bitcoin price fluctuates as mutual statements come.
US-Iran tensions
Earlier yesterday, Trump declared his satisfaction with the opening of the Strait and announced that Chinese President Xi was also pleased with it. Then Trump said, “We have received very good news,” implying that the nuclear issue has been resolved. Shortly after, he said, “If there is no agreement by Wednesday, the ceasefire may not extend and the blockade will continue.” Under normal circumstances, the parties were supposed to come together for negotiation at the weekend.
Instead, the UKMTO announced that there had been an attack on a ship 25 nautical miles northeast of Oman. Iranian Vice President Aref then said, “We are responsible for the management of the strait.”
“Either they give us our rights at the negotiating table or we enter the battlefield.” – Aref
Following UKMTO’s report, US officials announced that the Revolutionary Guards had carried out at least 3 attacks on commercial ships since the early hours of Saturday.
“Iran is determined to control traffic in the Strait of Hormuz until the war ends definitively and permanent peace is established in the region.
As long as the enemy maintains a naval blockade, Iran will consider it a ceasefire violation and Strait of Hormuz It will prevent conditional and limited opening. “-Iran’s Highest National Security Council
So what happened next? trump “They wanted to close the strait again, we are having very good talks, Iran cannot blackmail us,” he said, adding that we will see big news soon. The agenda is dizzying and the statements are 180 degrees opposite because Trump was talking on Friday as if everything was resolved. By Saturday, everything was upside down.
WSJ shared its report based on inside sources, saying, “The US is preparing to launch a landing on Iranian-linked ships” following Iran’s attacks on Indian-flagged ships. Since Iran continues to trade oil with the shadow fleet, Trump wants these ships to be blocked and the money flow to stop.
The IRGC Navy issued a statement on Friday that contradicted Trump’s statements.
“Approaching the Strait of Hormuz will be considered collaborating with the enemy. Ships and their owners should follow the news published by the IRGC Navy. Trump’s statements about the Strait of Hormuz are not valid.
Any ship that ignores warnings in the Strait of Hormuz will be targeted. The Strait of Hormuz was closed as of Saturday afternoon until the US blockade of Iranian ships is lifted.
“The US Navy will suffer a heavy blow if it attacks Iranian ships.”
Although Ghalibaf and Arakchi make more constructive statements, Iran’s military wing is almost at the point of denying even negotiations.
So what is the current situation? Arakchi declared that the strait was completely open to commercial ships until the ceasefire ended. At the same minutes, Mojtaba Khamenei stood down and said, “Iran’s navy is ready for war.” Ghalibaf said:
“We have made progress in negotiations with the United States, but there is still a significant distance. We must receive assurances that the United States or the Zionist entity will not wage war against Iran again.
The US and Iranian negotiating teams now understand each other more pragmatically. All traffic passing through the Bosphorus is under our control. “If the US blockade continues, passage through the Strait of Hormuz will be restricted.”
What about cryptocurrencies?
CNN announced yesterday that the talks would begin in Islamaba on Monday. However, everyone was sure that the talks would start on Sunday during the week. While Iran’s military wing says that it has not yet been decided whether there will be second talks, different sources in Iran say that the meeting may happen tomorrow. What Trump refers to as “regime change” may be a further separation of Iran’s military wing and political authority. But Iran is ruled by Khamenei and the military wing, not politics.
So which wing will say it? The exam will be given until Wednesday. If Arakchi and Ghalibaf re-establish the negotiation table and reach an agreement with the USA, all the statements of the military wing will be in vain. It should not be forgotten that the balance of domestic politics is taken into account here. Iran lost a lot and the military wing could not take any real retaliation for its losses other than raising the price of oil.
cryptocurrencies In the coming hours, the statements coming from the Arakchi and Ghalibaf front will be especially important. For now, the markets do not care much about Iran’s military wing’s last-minute announcements implying and announcing that the war will start again. We see this in the oil price, which remains around $90.
As a matter of fact, gold is also balanced.
