“An entire civilization will die tonight.”


author

David nodded

author

David noddedVerified

Part of the team ever since

June 2023

About the author

David is a financial journalist and Cryptonews.com contributor with a keen interest in comprehensive, accurate and reliable blockchain news.


Fact verified by

CryptoNews editorial team

author

CryptoNews editorial teamVerified

Part of the team ever since

September 2018

About the author

The CryptoNews editorial team consists of experienced writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate and useful content…

Latest update:

BTC USD fell sharply to $68,000 on Tuesday after topping $70,000 less than 24 hours earlier, with Trump’s 8 p.m. deadline looming. The catalyst is as geopolitical as it gets, and the window for action may already be closing.

President Trump sent an unusual message to Truth Social on Tuesday morning, warning:

“An entire civilization will die tonight, never to be brought back. I don’t want that to happen, but it probably will.”

This statement, linked to his 8pm EST deadline for Iran to reopen the Strait of Hormuz, exploded across risk assets immediately. Nasdaq 100 futures fell 0.65%. West Texas Intermediate crude rose 1.7% to $114.22 a barrel. Bitcoin lost nearly $2,000 in a matter of hours.

Vice President Vance offered a partial reprieve, noting that military objectives in the Iranian conflict had been completed, mitigating the worst of the selling. But the broader damage has already been done. Markets price real risks overnightBitcoin was caught directly in the crossfire.

Discover: The best pre-launch token sales

BTC USD is under intense pressure from Trump’s decisions

The rejection of BTC USD at $70,000 is technically significant. This level has served as extreme overhead resistance across multiple sessions, and Monday’s short breakout now looks like a false breakout rather than a confirmed range extension. The price is currently consolidating around $68,000, down nearly 3% since last night.

The immediate support area is between $67,500 and $66,000. The clean hold here keeps the bullish structure intact. If you lose it on a closing basis, the next significant demand set will not appear until the $65,000-$65,500 area, a level that is in line with the previous consolidation from late March.

BTC USD fell sharply to $68,000 on Tuesday after topping $70,000 less than 24 hours earlier, with Trump's 8 p.m. deadline looming.
bitcoin us dollar, TradingView

Size context is important here. The pullback was driven by macro concerns rather than structural selling, suggesting the move could be reversed quickly if tonight’s geopolitical outcome is less disastrous than Trump’s language suggests. There are three scenarios dominating the tape now:

Bitcoin’s correlation with risky assets during geopolitical shocks remains frustratingly close; It seems that the “digital gold” narrative will not last until the dust settles. Watch the 8pm deadline closely and react to the BTC USD movement.

Discover: The best cryptocurrencies to diversify your investment portfolio

Bitcoin Hyper is not under pressure

Here’s the uncomfortable truth for holders of spot bitcoin: Even on the upside, the rise in bitcoin’s price from $68,000 to $74,000 represents roughly 9%, not nothing, but hardly the asymmetric return that first attracted most cryptocurrency investors to the space.

Macroeconomic-driven volatility compresses the upside while amplifying the downside risks. These accounts push sophisticated distributors toward early-stage infrastructure with different return profiles.

Bitcoin Hyper ($HYPER) It is currently on pre-sale for price only $0.0136with 32 million dollars They have already been committed, a number that indicates there is serious demand for what the project is building.

The offering is technically ambitious: the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, providing transaction finality in less than a second while maintaining Bitcoin’s fundamental security model. This means fast smart contracts, low fees, a decentralized fiat bridge for Bitcoin transfers, and breaking the three fundamental limitations that have historically limited Bitcoin’s utility as a programmable asset.

A high bonus of 36% APY is available to pre-sale participants. Find Bitcoin Hyper pre-sale conditions here And join the Hyper Army today.






Source link

Leave a Reply

Your email address will not be published. Required fields are marked *