Bitcoin Under MAJOR Pressure As Trump Tensions Peak! What Happens Next?
Key Takeaways
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Bitcoin remains resilient despite major geopolitical pressure
“Bitcoin definitely behaving a little honey badgerish right now, but I guess nothing has really dumped on this over the weekend news.”
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US political dysfunction delays Federal Reserve appointments
“Our political system in the United States is broken... it's just completely dysfunctional.”
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Markets react to expectation changes over news
“Markets move based off of changes in expectations. They don't move based on news if it was already expected.”
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High oil prices act as demand destructors
“An oil shock creates, yes, it does create a price rise. There's no doubt. It also is a demand destructor.”
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Traders are reducing leverage amid global uncertainty
“Most speculators on large scale are probably running with less leverage and less capital deployed, maybe than ever, because they don't want to be caught flat-footed.”
Episode Description
Bitcoin keeps running into a wall of selling above $70K — roughly $20M/hour in profit-taking — and now that wall has geopolitical weight behind it after the Islamabad peace talks collapsed, Iran's Strait of Hormuz stays effectively closed, and Trump ordered a naval blockade of Iranian ports starting this morning. That's pushing oil toward $100/barrel and forcing tanker traffic into a full reroute away from the Gulf, which benefits US energy exports but hammers Japan, South Korea, and India hardest. Meanwhile the dollar's long-term slide continues — now just 46% of global FX and gold reserves, a 26-year low — even as M2 keeps expanding at 4.8% YoY, and central bank gold holdings have officially eclipsed US Treasury holdings for the first time since '96. And on the crypto side, the WLFI vs. Justin Sun feud is turning into a full legal brawl over a $75M loan dispute, backdoor token blacklisting, and accusations flying both ways — exactly the kind of circus that undermines crypto's push for institutional credibility. Learn more about your ad choices. Visit megaphone.fm/adchoices