Iran and the US have not reached an agreement, and Bitcoin could fall back to $65,000

On April 12, according to Forbes, after 21 hours of negotiations, Vice President Vance said that no agreement was reached, and Iran refused to commit to giving up its nuclear weapons program. Trump had previously warned that if the negotiations failed, he would carry out “total destruction” against Iran. The Iran conflict has roiled the crypto market for weeks, compounded by the tariff dispute. Earlier this month, Bitcoin at one point fell below $70,000. Before the negotiations began, crypto analysts said: if an agreement is reached, Bitcoin could rise to $80,000; if the talks break down, it could fall back to $65,000.

In terms of the bulls, they say that on-chain wallet data shows that the largest Bitcoin whales continued buying during the period when geopolitical turmoil was most intense, rather than selling. Their logic is as follows: if the conflict further escalates and causes Persian Gulf oil supplies to be disrupted, leading to higher oil prices, a rebound in inflation, and the Federal Reserve postponing rate cuts, then scarce assets such as Bitcoin and gold tend to perform well. On the bears’ side, gold traders and long-term Bitcoin bear Peter Schiff said that as the conflict intensifies, investors will flee Bitcoin and shift to gold. Peter Schiff predicts that Bitcoin will “collapse,” saying that gold is the only truly safe-haven asset during wartime, and he further suggests that an insider within the administration may be taking advantage of the volatility driven by news surrounding the conflict to profit. If Trump carries out his “total destruction” threat, stock markets and the crypto market will almost certainly be hit by sell-offs in tandem. #Gate上线Pre-IPOs