๐บ๐ธ๐ฎ๐ท Negotiations collapsed โ market sharply down
After 21 hours of negotiations between the USA and Iran, the parties failed to reach an agreement ๐
Vice President Jay D. Vance stated that for Iran this situation is โmuch worseโ than for the USA
๐ What is known?
โข Iran refused to accept the terms
โข The USA sees no willingness to abandon the nuclear program
โข The US delegation is leaving the negotiations
๐ Essentially โ a return to escalation
๐ Market reaction
โข Bitcoin fell to ~$71k
โข Altcoins dropped even more
โข Liquidations in a day โ $315 million ๐ฅ
๐ Why is this important for the crypto market?
โข Geopolitics is pressuring again
The market reacts immediately
โข Manipulation of sentiments
Initially a rise on expectations โ then a sharp collapse
โข High volatility
News creates sharp movements
The scenario looks familiar: the market was lifted on hopes โ and quickly โturned aroundโ on facts.
๐ Now the key question is โ what will Donald Trump say next and will there be a new wave of escalation ๐๐
#BTC
After 21 hours of negotiations between the USA and Iran, the parties failed to reach an agreement ๐
Vice President Jay D. Vance stated that for Iran this situation is โmuch worseโ than for the USA
๐ What is known?
โข Iran refused to accept the terms
โข The USA sees no willingness to abandon the nuclear program
โข The US delegation is leaving the negotiations
๐ Essentially โ a return to escalation
๐ Market reaction
โข Bitcoin fell to ~$71k
โข Altcoins dropped even more
โข Liquidations in a day โ $315 million ๐ฅ
๐ Why is this important for the crypto market?
โข Geopolitics is pressuring again
The market reacts immediately
โข Manipulation of sentiments
Initially a rise on expectations โ then a sharp collapse
โข High volatility
News creates sharp movements
The scenario looks familiar: the market was lifted on hopes โ and quickly โturned aroundโ on facts.
๐ Now the key question is โ what will Donald Trump say next and will there be a new wave of escalation ๐๐
#BTC
