For cryptocurrency investors, recently the US-Iranian There has never been an agenda as complex as the war. Bitcoin rises as a statement in favor of peace comes and cryptocurrencies watching him. Minutes later, we see statements to the contrary and the gains reverse. Since it is not clear who is bluffing or lying, the process becomes even more challenging for investors.
There will be no negotiation meetings
cryptocurrencies The lack of negotiation talks is extremely negative. The ceasefire will end in the first minutes of Wednesday, and if this process is not extended or there is no agreement, oil will rise rapidly and longer-term interest rate increase scenarios will begin to be priced. This means decline for cryptocurrencies, gold and stocks.
According to a White House official, US Vice President Vance, Steve Witkoff and Jared Kushner will travel to Pakistan to meet with Iran. A few hours after this announcement, IRNA said Iran refused to participate in the second round of talks with the United States, dashing hopes for negotiations.
According to Tasnim, Iran will not send a negotiating team as long as the naval blockade continues. Trump says the blockade will continue no matter what. Moreover, while Trump said “they will give us the uranium” on Friday, this was denied over the weekend. Trump’s statements increased the appetite significantly on Friday, and we saw that such overly optimistic statements pushed cryptocurrencies up, but we also underlined that they could be refuted soon. As a matter of fact, it happened.
But why? The main factor here is domestic politics, although peace is in favor of both parties. Iran, especially with thousands of casualties Khamenei’s He wants to leave the table strong with his death. The tone of Trump’s statements on Friday following the deaths of senior Iranian officials is forcing Iran’s religious leader and his military wing to make harsh statements. Arakchi and the Speaker of the Parliament are much more constructive and moderate. In other words, we can think that there are 2 different administrations and 2 different faces in Iran. While the religious leadership, backed by military power, shapes domestic politics, visible politicians negotiate negotiations.
At this stage, the military wing says there will be no meeting. Arakchi’s team is ready for talks and Trump will send his delegation to the region. Only time will tell what happens. Cryptocurrencies will continue to zigzag in the middle of this game. Now BTC It lost the channel resistance at $75,700 and it would not be surprising if it tested $68,000 with a loss of more than 10% in the scenario where there are no real negotiations.
