#Daily Cryptocurrency Market Highlights In the past 24 hours, the Middle East conflict has escalated, global capital markets have retreated, oil price fluctuations have raised inflation expectations, and the cryptocurrency market is under overall downward pressure.
After the targeted elimination of Iran's de facto core power holder Larijani on Tuesday, Israel has also eliminated Iranian Intelligence Minister Ismail Khatib. Not only that, but it also bombed the South Pars gas field shared by Iran and Qatar, marking the complete disappearance of the war red line—transitioning from merely striking military facilities to targeting core economic pillars.
Israel's action this time has received support from the Trump administration, which also marks a significant shift in Trump's military actions regarding Iran—no longer considering post-war economic interests.
Trump has also clearly stated that Iran no longer poses a threat, is no longer a 'Middle Eastern bully', and the war will end 'soon'. In addition, he explicitly pointed out that the U.S. does not rely on the Strait of Hormuz for navigation, and the security of the Strait should be the responsibility of closely related countries such as China, Japan, South Korea, and the EU.
Connecting the above information, LaoYao deduces that Trump may change his past strategy of taking over the Middle East, instead letting Israel take action while the U.S. retreats behind the scenes.
What Trump said about 'the U.S. does not rely on the Strait of Hormuz for navigation' is indeed true. The transportation of crude oil between the U.S. and the Asia-Pacific (U.S.-Japan) mainly goes through the Pacific route and the Panama Canal, which can completely avoid the Middle Eastern region.
In addition, high oil prices are pushing up inflation, but for the United States, which is the world's largest oil producer, the increase in Venezuelan crude oil production means that the U.S. is actually the biggest beneficiary of rising oil prices, followed by Russia.
According to the latest reports, Netanyahu has authorized the military to strike any Iranian officials at any time without prior notice. This intent is to split and dismantle Iran, without considering the takeover and post-war reconstruction.
If we extend this narrative logically, then next, Israel may focus on striking at the economic lifeline of Iran, which is a bad thing for the global economy, but for the United States, it may be more beneficial than harmful.
Returning to the cryptocurrency market, BTC, as a 'safe haven + digital gold' narrative, has seen a rebound, but overall it still synchronously adjusts with the global capital market. The situation of war is ever-changing, and the capital market flows with the tide; this is fate, and all predictions may actually provoke 'God' to laugh. A prudent strategy is still to watch and wait.
[Yesterday's and Today's Hot Topics and Important Information]
📍 The Middle East conflict has entered its 19th day, and market sentiment continues to be dominated by the situation in the Middle East. To trace the roots, we should first sort out the latest information from the Middle East——
⭐️ Israel attacks the South Pars gas field shared with Iran and Qatar;
⭐️ Israel eliminates the Iranian intelligence minister, and Iran confirms its vow for revenge;
⭐️ Trump: Iran is no longer a threatening 'Middle Eastern bully', and the war will end 'soon';
⭐️ Trump: The U.S. no longer relies on the Strait of Hormuz, and countries with interests should take responsibility for their own security and escort;
⭐️ Reports indicate that Iranian President Ebrahim Raisi has repeatedly begged for his life and stated to multiple countries that he is unable to control the regime;
⭐️ Brent crude oil prices have surpassed $108
#Crypto #MiddleEastConflict #StraitOfHormuz #Israel #Trump