PiCK
Bitcoin’s Brief Bounce Fades on Trump Remarks… “Potential Attack on Iran’s Oil Facilities a Key Variable”
Summary
- Bitcoin (BTC) flipped back into weakness after an intraday spike the previous day, and was reported to be down 0.92% from the prior day at $70,800.
- Bitcoin had recovered to around the $73,000 level intraday the previous day, but Thursday’s weakness was said to have erased most of the prior day’s gains.
- CoinDesk was cited as saying that market risk-off sentiment strengthened following the U.S. airstrike on Iran’s Kharg Island and President Trump’s remarks suggesting the possibility of attacks on oil infrastructure.
Forecast Trend Report by Period
Bitcoin (BTC) surged intraday the previous day but soon flipped back into weakness. The shift is seen as a renewed deterioration in investor sentiment after U.S. President Donald Trump signaled an attack on Iran.
As of the 14th (Korea time), according to CoinMarketCap, a digital-asset market data provider, Bitcoin was down 0.92% from the previous day at $70,800.
Bitcoin had recovered to around the $73,000 level intraday the previous day, but Thursday’s decline erased most of those gains.
Digital-asset outlet CoinDesk said “risk-off sentiment has strengthened again after the U.S. carried out airstrikes on Kharg Island, a key hub for Iran’s crude exports, and President Trump hinted at the possibility of attacks on oil infrastructure.”
Overnight on Truth Social, Trump said, “For humanitarian reasons, we did not attack Iran’s oil infrastructure,” while warning, “If Iran continues to block the Strait of Hormuz, we will consider the possibility of an attack.”
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
