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🌍 USA - Iran Military Escalation, Stalled Negotiations: New Pressure on Crypto
🚀 The US and Iran continue to attack each other
* CENTCOM reports intercepts:
* 6 Iranian ballistic missiles aimed at Bahrain and Kuwait.
* 4 UAVs heading toward the Strait of Hormuz.
* The US responds with airstrikes targeting Iran's coastal surveillance radar facilities in Goruk and Qeshm Island.
* No significant damage reported from the latest attacks.
🤝 Negotiations Stall
* Key issues still lack consensus:
* Extend the ceasefire for another 2 months.
* Reopen the Strait of Hormuz.
* Initiate deeper negotiations on Iran’s nuclear program.
* Iran demands:
* Release of billions of dollars in frozen assets.
* Establish a ceasefire between Israel and Hezbollah.
* These are conditions that Washington finds difficult to fully meet.
🎯 Trump admits Iran still has military strength
* President Donald Trump states Iran still has about 21%-22% of its original missile stockpile.
* This is a notable admission compared to previous statements that Tehran’s military capability had been severely weakened.
₿ Impact on Crypto and Financial Markets
📉 Bitcoin faces double pressure
* BTC dropped below $60,000 before rebounding to around $61,000.
* The market also faces:
* Stronger-than-expected US employment report.
* Upcoming CPI release.
* Fed meeting on June 17.
* Escalating US-Iran tensions.
$BTC $ETH $SOL