Trump says Iran will ‘work out well’: Five things to know in Bitcoin this week
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- Bitcoin slipped below $73,000 on Monday, later descending under $72,000, as renewed US‑Iran strikes revived market nerves.
- Bitcoin price pressure followed President Trump’s Truth Social post urging “sit back and relax” and promising a “good” US‑Iran deal that would “work out well.”
- Bitcoin long‑term holders are now doubting the February $60,000 low as a reliable support floor.
- Bitcoin market diverged from equities, as S&P 500 futures rose about 0.25% on AI optimism while crypto fell.
Why it matters: Crypto investors see immediate losses as Bitcoin slides below $73k, while equity investors profit from the S&P 500’s 0.25% rise; the split can divert capital from crypto to stocks, tightening Bitcoin liquidity.
