Former U.S. President Donald Trump’s recent comments regarding potential negotiations with Iran prompted a brief dip in the Bitcoin market.
The cryptocurrency’s value fell by approximately 0.7% shortly after Trump’s remarks circulated. Analysts attributed the immediate reaction to the introduction of heightened geopolitical uncertainty stemming from the statement.
This swift yet moderate decline highlights the sensitivity of the cryptocurrency market, particularly Bitcoin, to significant geopolitical events and public statements from influential political figures. While the price movement proved short-lived, it underscores how rapidly news impacting global risk sentiment can translate into crypto market volatility.