Bitcoin Slides With Risk Assets as Trump’s Iran Ultimatum Looms

Bitcoin experienced a downturn alongside broader risk assets, driven by heightened geopolitical tensions stemming from Trump's ultimatum to Iran. This reflects Bitcoin's growing correlation with traditional markets, particularly during periods of global uncertainty. Investors are seeking safer havens, pulling capital from speculative assets like cryptocurrencies. The immediate future for Bitcoin hinges on de-escalation or escalation of the Iran-US conflict, as well as broader market sentiment towards risk.