The US-Iran conflict has once again sharply deteriorated: Bitcoin briefly fell below $74k over the weekend, with oil and US dollar futures also reacting to the market.



The situation between the US and Iran worsened again over the weekend. Not only did both sides resume mutual airstrikes, but they also issued contradictory statements on key issues such as ceasefire progress and peace negotiations, causing the market to fall into high uncertainty.

The airstrikes were initiated by the US first. Trump announced on social media that the US Navy missile destroyer "Spruance" intercepted an Iranian cargo ship "Tuska." After the crew "refused to heed warnings," the US military directly blew a hole in the hull to force it to stop.

The ship is currently detained by the Marine Corps and sanctioned by the US Treasury for "illegal activities." Shortly afterward, Iran responded by claiming it had used drones to attack the US warship in retaliation for the US detention.

Prior to this, the situation had been unpredictable. After the Strait of Hormuz reopened on Friday, Iran closed the strait again a few hours later due to the US not lifting the maritime blockade.

Subsequently, the US stated that both sides would resume peace negotiations on Monday, but Iran denied this plan. Iran had also previously rejected all of Trump's statements about its consent to abandon uranium enrichment plans.

On the market side, cryptocurrencies, as the only 24/7 financial market, experienced increased volatility over the weekend. Bitcoin surged to $78,400 on Friday but then quickly retreated, briefly falling below $74,000 after the airstrike news.

US stock index futures opened lower overnight, down about 1%. In contrast, WTI and Brent crude oil prices soared over 8%, with US oil prices rising from a low of $79 to $89.

As the ceasefire agreement officially expires, the situation is expected to become more turbulent in the coming days. Currently, both sides have resumed airstrikes, with no signs of new progress in negotiations.

#美伊冲突 # Bitcoin
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