Crypto Jumps 2.5% Amid Trump-Iran Deadline Threats | Crypto Security News
Crypto security news: Crypto Jumps 2.5% Amid Trump-Iran Deadline Threats. This update explains what happened, why it matters for wallets, exchanges, traders, and users, and what the market should watch next.
Crypto Security Update
Crypto markets bounced 2.5% as US President Donald Trump sent mixed signals over a potential deal with Iran to reopen the Strait of Hormuz, including reports of a possible ceasefire that could permanently end the war. In an expletive-laden post on the Truth Social platform on Sunday, Trump threatened that Iran would be “living in Hell” if the Strait of Hormuz is not reopened.However, he also acknowledged in a Fox News interview that Iran is “negotiating now” and expressed optimism about a “good chance” of a deal within 24 hours.Total market capitalization has climbed about $70 billion, or 2.5%, to an 11-day high of $2.44 trillion in early trading on Monday on the news. Bitcoin tapped $69,500 on Coinbase, according to TradingView.The small jump has led to total liquidations of around $255 million over 24 hours, 73% of them being short positions, according to data from CoinGlass. Trump’s comments come after more than a month of war, contributing to surging global oil prices that some fear could lead to a global economic recession. Trump initially gave Iran a 10-day window to reopen the Strait of Hormuz, but his latest post suggests that Iran now has until Tuesday to reopen the waterway, or the US would attack Iran’s power plants and bridges. “There will be nothing like it!!! Open the fuckin’ Strait, you crazy bastards, or you’ll be living in Hell – JUST WATCH!” he said. Source: Truth SocialA potential deal within 24 hoursDespite the aggressive rhetoric, Trump also acknowledged that Iran is “negotiating now” and expressed optimism about a “good chance” of a deal within 24 hours.He also said, “If they don’t make a deal and fast, I’m considering blowing everything up and taking over the oil.” Related: New Bitcoin price lows ‘matter of time’ says trader with BTC stuck at $67KA report from Axios, meanwhile, suggests that the US, Iran and a group of regional mediators are discussing the terms of a 45-day ceasefire that could lead to an end of the war, adding further mixed signals. Oil prices surge, adding inflation pressureThe ongoing war in the Middle East and the closure of the Strait of Hormuz have pushed crude oil prices back up to about $112 per barrel on Monday morning. The Kobeissi Letter predicted that if current levels are sustained for another seven weeks, US Consumer Price Index-related inflation will rise to around 3.7%.Meanwhile, Americans have spent an additional $240 million per day on fuel costs since the Iran war began Feb. 28, it added. Magazine: No more 85% Bitcoin collapses, Taiwan needs BTC war reserve: Hodler’s DigestCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
Why This Security News Matters
First, this development may affect exchange safety, wallet security, user trust, and broader market sentiment. In addition, it may influence platform security practices, fund recovery efforts, and regulatory pressure. As a result, traders and crypto users should watch the next updates closely.
What To Watch Next
Watch for official statements, post-mortem reports, wallet warnings, exchange responses, and fund recovery updates. In particular, any new details about phishing, exploits, private key exposure, or security patches could directly affect the broader crypto market.
