New York, 8 July 2026 – Bitcoin weakened as President Donald Trump’s remarks on the Iran conflict triggered a fresh wave of risk aversion across global markets, pushing investors away from speculative assets and back towards safer positioning.
The world’s largest cryptocurrency came under pressure after Trump said an interim agreement aimed at ending the Iran war was no longer in place. His comments raised concerns that the conflict could escalate again, especially after renewed US strikes on Iran and earlier attacks on commercial ships moving through the Strait of Hormuz.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
