- President Donald Trump stated on Monday that the war against Iran is “very complete, pretty much,” and could conclude “very soon.”
- The Islamic Revolutionary Guard Corps (IRGC) countered the claim, asserting that Iranian forces will be the ones to “determine the end of the war.”
- Bitcoin (BTC) jumped 4.5% to approach the $69,000 level as oil prices retreated from intraday highs following the de-escalation signals.
Digital assets and global equity markets staged a strong recovery on Monday afternoon following comments from President Donald Trump suggesting that military objectives in Iran have been largely met. Speaking at a press conference in Doral, Florida, Trump described the ten-day conflict as a “short-term excursion” and claimed that much of Iran’s military infrastructure, including its navy and air force, had been decimated by joint U.S. and Israeli strikes.
The sentiment shift provided immediate relief to risk-on assets. Bitcoin, which had been trading under pressure due to rising energy costs and geopolitical uncertainty, surged 4.5% to nearly $69,000. The rebound coincided with a sharp reversal in crude oil prices; Brent crude, which had spiked toward $120 per barrel earlier in the day, retreated back to the $80 range as traders weighed the possibility of a ceasefire or transition to a post-conflict phase.
However, the narrative of a swift conclusion faces resistance from Tehran. The Islamic Revolutionary Guard Corps (IRGC) issued a defiant statement through state media, rejecting the notion that Washington would dictate the timeline of the conflict. “The equations and future status of the region are now in the hands of our armed forces; American forces will not end the war,” the IRGC stated, adding that they would continue to block oil exports through the Strait of Hormuz if strikes continued.
Market analysts remain cautious, noting that while Trump’s rhetoric suggests an exit strategy, he also threatened to hit Iran “twenty times harder” if the flow of oil is obstructed. This volatility has kept the CBOE Volatility Index (VIX) elevated, even as the S&P 500 and Nasdaq Composite ended the day in green. For crypto investors, the focus remains on whether Bitcoin can reclaim the $70,000 resistance level, which has acted as a psychological barrier throughout the recent hostilities.
“We’re achieving major strides toward completing our military objective, and some people could say they’re pretty well complete,” President Trump told reporters, though he stopped short of declaring a formal end to the mission.
As the situation develops, the crypto market’s correlation with macro-geopolitical stability remains high. While the “Petrodollar trade” initially drove investors toward the U.S. dollar, the prospect of de-escalation appears to be funneling liquidity back into decentralized assets and tech-heavy equities.
Disclaimer: This article is for informational purposes only and does not constitute advice of any kind. Readers should conduct their own research before making any decisions.
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