Bitcoin, Nasdaq Futures Decline as Trump Won't Rule Out More Iran Strikes
Bitcoin and Nasdaq futures began the new week on a soft note after President Donald Trump on Sunday signaled possible new military strikes on Iran before the early November midterm elections. Bitcoin was down 1.3% at $83,324, with major alternative cryptocurrencies seeing similar losses, while Nasdaq index futures traded 0.7% lower. Trump stated he expected the war with Iran to end "very soon" but did not rule out further military action. Meanwhile, Iran's Foreign Minister Abbas Araghchi said his nation is "fully prepared" for renewed conflict, even a potential "doomsday war." Trump also rejected Iran's proposal at the UN General Assembly to reopen the Strait of Hormuz for a seven-day period. This geopolitical uncertainty has stoked inflation fears since March, pushing the 10-year Treasury yield to 5.20%, its highest since 2007.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Why are central banks around the world researching and advancing digital currencies?
-
2
What is the value of BCDN token? Is BCDN token a good long-term investment?
-
3
Analysis of the Top 10 Global Mainstream Cryptocurrency Trading Platforms
-
4
Global Mainstream Cryptocurrency Exchange Review: Compliant Exchanges and Core Evaluation Metrics
-
5
Unveiling the Top 10 Cryptocurrencies in the World: Who Will Lead the Future of Digital Finance?
-
6
Wu Blockchain citing Mlm: Open interest in NVDA perpetual contracts on Hyperliquid reaches $535 million
-
7
How is AIOZ Coin? An Analysis of AIOZ Network's Project Mechanics and Development Outlook
-
8
Watami, the Japanese restaurant group, has its founder planning to take the company private through a management buyout (MBO)
-
9
What does "interacting" (jiaohu) mean in the crypto circle? What are the commonly used communication and social apps in the crypto space?
-
10
Musk responded that hiring NVIDIA CEO Jensen Huang would be "an honor"
Markets Today
Recommended Reading








