Trump renews threat against Iran as Middle East tensions raise crypto market concerns

Techub, citing Watcher Guru, reported that former U.S. President Donald Trump again threatened Iran, saying that if Tehran does not reach an agreement, he would destroy its economy and remove its leadership. Iran’s intelligence authorities said the United States and its allies are preparing a large-scale strike and warned of a “painful retaliation.” The report said the worsening geopolitical tension in the Middle East could affect oil prices and inflation, with possible spillover into the cryptocurrency market. It also noted that the Federal Reserve raised interest rates by 25 basis points at a recent Federal Open Market Committee, or FOMC, meeting in response to inflation pressure. If the regional conflict escalates and sends oil prices sharply higher, inflation could rise further, potentially pushing investors toward safe-haven assets such as gold and adding pressure to crypto assets.