US-Iran Peace Talks Stall Ahead of Trump-Xi Meeting, Will Bitcoin Crash?

US-Iran peace talks hit a major roadblock as President Trump calls Iran’s response to the latest peace proposal “totally unacceptable.” It sends oil prices 5% higher, increasing selling pressure on Bitcoin and gold. The US dollar index (DXY) also climbed above 98 today amid uncertainty surrounding the US-Iran ceasefire. BTC, ETH, and XRP short liquidations

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