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Crypto Market Dips $363M as Trump Denies Iran Peace Talks

The crypto market took an immediate hit after former President Donald Trump dismissed reports of mediating Iran-Israel peace talks as “HIGHLY FABRICATED” and “FAKE NEWS.” Within hours, $363 million in crypto positions were liquidated as geopolitical uncertainty spooked traders.

Market Bloodbath: $363M Liquidated

BTC Price Source : TradingView

  • Long liquidations: $263M (bulls caught off guard)
  • Bitcoin: Down 1.17% to $106,000
  • Altcoins hit harder:
    • Ethereum: -2.5% (testing $2,500 support)
    • Solana, Dogecoin, Cardano: -3%+
    • Hyperliquid: -8% from ATH

Crypto Heatmap Source : QuantifyCrypto

Trading volumes surged 25%+ as panic selling set in.

Trump’s Statement Sparks Fear

In a Truth Social post, Trump vehemently denied involvement in peace talks:

“I have not reached out to Iran for ‘Peace Talks’ in any way, shape, or form. This is just more HIGHLY FABRICATED, FAKE NEWS!”

Key implications:

Polymarket data

  • Escalation fears: Reports suggest US may join Israel if conflict worsens
  • Market uncertainty: Traders now watching Fed rate decision (FOMC meeting)
  • S&P 500 at ATHs – Will traditional markets drag crypto lower?

What’s Next for Crypto?

  • Short-term: Volatility likely until geopolitical clarity emerges
  • Key triggers:
    • Fed rate decision (hawkish tone = risk-off)
    • US market reaction (S&P 500 correlation)
    • Iran-Israel developments (direct US involvement = sell-off risk)

If tensions escalate further, Bitcoin’s $106K support could break, triggering deeper corrections.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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