The escalating geopolitical tensions have taken a dramatic turn as the United States President Donald Trump has announced a decisive move. As per the latest reports, Donald Trump has declared airstrikes on the Iran-based nuclear sites, triggering a notable reaction in the crypto landscape. The U.S. President disclosed these plans in recent social media posts.
Trump Confirms Iran Airstrikes, Shakes Crypto Market
Donald Trump has revealed the effective completion of an air operation on diverse Iranian nuclear sites this weekend. On Saturday, the U.S. President asserted that the airstrikes targeted the nuclear facilities in Iran, raising fears of wider conflict across the Middle East. This development has significantly impacted the global crypto market. In this respect, the overall, crypto market capitalization has plunged by 1.74%.
Apart from that, the 24-hour volume of the crypto sector has also been hit by a 5.86% slump. Similarly, the prominent crypto assets like Bitcoin ($BTC) and Ethereum ($ETH) have also recorded notable declines over the past twenty-four hours. Additionally, the continuously worsening geopolitical scenario suggests the possibility of further uncertainty in the crypto landscape.
Trump Schedules Formal Address for Nation Tonight
According to Trump’s statement, 3 key nuclear facilities in Iran were damaged by the U.S. airstrikes over the weekend. Following the operation, all the aircraft reportedly returned safely. As a result of this significant victory, Donald Trump has scheduled a formal address for the nation tonight at 10 PM.
Keeping this increasing aggression in the cross-border conflict points toward an alarming situation. The U.S. officials have clarified that the attack has taken place following a 2-week ultimatum targeted at resuming nuclear discussions with Tehran. Overall, if this war expands, the broader dynamics of the crypto sector are going to be directly influenced in the next weeks.
