Trump Seen Favoring Expanded Iran Military Action as Bitcoin Holds Near $64,847 and U.S. Stocks Rise

Trump Seen Favoring Expanded Iran Military Action as Bitcoin Holds Near $64,847 and U.S. Stocks Rise

N
News Editor
2026-07-15 23:29:29
U.S. officials said President Donald Trump is leaning toward expanding U.S. military action against Iran after a brief meeting with senior aides held several days earlier. Options under consideration include intensifying airstrikes, sending ground troops to seize Iranian islands near the Strait of Hormuz, and bombing a fortified site that may be linked to covert nuclear work. Separately, the U.S. military carried out a maritime blockade measure against Iran in the Arabian Gulf on July 15, stopping an empty oil tanker that was attempting to head to an Iranian port. An Iranian military spokesperson said the only way to reopen the waterway is for the United States to comply with the memorandum of understanding and implement “Iranian regulations” in the Strait of Hormuz. According to BIT (bit.com) market data, all three major U.S. stock indexes closed higher on Wednesday, while HTX data showed Bitcoin at $64,847, down 0.08% over 24 hours, with $303 million in liquidations across the market.
TrumpIranBitcoinU.S. stocksLiquidationsStrait of HormuzMarket Analysis

BlockBeats reported on July 16 that U.S. officials said President Donald Trump is leaning toward expanding U.S. military action against Iran, days after holding a brief meeting with several senior aides.

Options being considered include stepping up airstrikes, deploying ground troops to seize Iranian islands near the Strait of Hormuz, and bombing a hardened site that may be used for covert nuclear work.

On July 15, the U.S. military carried out maritime blockade measures targeting Iran in the Arabian Gulf and stopped an oil tanker that was trying to sail to an Iranian port without carrying cargo. An Iranian military spokesperson said the only way to reopen the waterway is for the United States to comply with the memorandum of understanding and enforce “Iranian regulations” in the Strait of Hormuz.

U.S. stocks close higher

According to BIT (bit.com) market data, the Dow Jones Industrial Average rose 0.29% at Wednesday’s close, the S&P 500 gained 0.38%, and the Nasdaq added 0.6%.

Among individual names, Apple (AAPL.O) rose 4%, ASML (ASML.O) gained 2%, SK Hynix (SKHY.O) fell 9%, SanDisk (SNDK.O) dropped 8%, and Intel (INTC.O) lost 4.4%.

Bitcoin and liquidation data

According to HTX market data, Bitcoin was quoted at $64,847, down 0.08% over the past 24 hours. Total crypto liquidations across the market reached $303 million in the same period, including $112 million in long liquidations and $191 million in short liquidations.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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