Trump Rejects Iran Ceasefire, Expects Bombing After Midterms: Will Oil and Bitcoin Hold?

macro

Reports say Trump rejected an Iran ceasefire and indicated that U.S. military action could resume after the midterm elections, elevating geopolitical and energy-market risk. A renewed conflict or disruption to Iranian oil supplies could push crude prices higher, while broader risk aversion and tighter financial conditions would likely weigh on Bitcoin despite its potential safe-haven narrative. Bitcoin’s near-term direction will therefore depend on whether escalation materially affects oil flows and global liquidity; absent a sustained shock, price impacts may remain volatile but contained.

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