The post Gold retreats below $4,100 after US President Trump says Iran ceasefire is “over” appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) sees a sharp move lower on Wednesday after US President Donald Trump declared that the ceasefire deal with Iran was “over” and said that dealing with Tehran is “a waste of time” while speaking at the NATO Summit in Ankara, Turkey. At the time of writing, XAU/USD is trading around $4,055, retracing most of the gains recorded in the previous week. The US President’s remarks came after renewed fighting between the United States and Iran overnight, following attacks on commercial vessels near the Strait of Hormuz. The latest escalation represents the most significant breach of the interim US-Iran agreement since it took effect on June 17, lifting the US Dollar (USD) and Crude Oil prices while dampening demand for the yellow metal. West Texas Intermediate (WTI) crude Oil is trading around $73.50 per barrel, up more than 7% so far this week. The rebou
Increased geopolitical tensions may disrupt global oil markets and diminish prospects for a diplomatic resolution within the year.
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Escalating U.S.-Iran tensions could disrupt global oil markets and trade, heightening geopolitical instability and economic uncertainty.
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Potential U.S. blockade could escalate tensions, impacting global markets and regional stability, with civilian infrastructure at risk.
The post US considers reimposing Strait of Hormuz blockade, targeting Iran desalination plants appeared first on Crypto Briefing.
Increased NATO defense spending could enhance alliance cohesion, potentially reducing US-Russia conflict risks and shifting military strategies.
The post Trump pushes NATO allies for 5% GDP defense spending by 2035 at Ankara summit appeared first on Crypto Briefing.
The escalation in US-Iran tensions could destabilize global markets, strain international alliances, and impact energy security worldwide.
The post US strikes Iran as Trump declares ceasefire over, oil surges 5% and markets reel appeared first on Crypto Briefing.
NATO's unified stance may stabilize transatlantic relations, reducing immediate conflict risks despite U.S. withdrawal threats.
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The post Bitcoin Falls to $62,000 as Trump’s Iran Ceasefire Comments Rattle Markets – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin traded at $62,103 on July 8, down 1.91% after rejecting $64,169.63. MACD’s negative 751 reading was the lone bullish signal among 12 moving averages. Bulls need a daily close above $63,000 or the $57,735 support level comes into focus. One-Hour Chart Shows Buyers Losing the Short-Term Fight The one-hour chart shows Bitcoin printing in the $62,040 to $62,065 range, with lower highs and weaker candles forming as volume thins out. Buyers have not reclaimed the $62,800 to $63,000 zone that would flip the short-term structure back toward bullish. BTC/USD 1-hour chart via Bitstamp on July 8, 2026. A one-hour close above that band opens a path toward $63,800, then $64,200 to $64,650, with a stop below $62,200 keeping risk contained. A more aggressive entry near $61,700 to $62,000 depends on that zone holding and volume picking up, with $
Increased military tensions could hinder diplomatic resolutions and impact geopolitical stability, affecting global markets and reconstruction efforts.
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