Analysis: Trump issues a 48-hour ultimatum to Iran, mainstream crypto assets are weakening simultaneously

According to CoinDesk, affected by Trump's 48-hour ultimatum to Iran and threats to crack down on power facilities, Bitcoin fell rapidly over the weekend, falling below the US$69,200 mark, falling by about 2.2% in 24 hours, and expanding to 3.1% during the week. Dragged down by market sentiment, mainstream crypto assets weakened simultaneously: Ethereum fell to about US$2,114, and XRP, BNB, Solana, Dogecoin, etc. all recorded declines to varying degrees. The Federal Reserve left interest rates unchanged this week, and its dovish stance should have supported risky assets, but the continued news of war risks has discouraged traders from making large unilateral bets. Analysts believe that if Iran fails to resume passage through the Strait of Hormuz within the deadline, the conflict may further escalate to the energy infrastructure level, adding that about 20% of global oil and gas transportation will be disrupted, or the performance of risky assets will continue to be suppressed.