bitcoin Trump Softened Against Iran, Bitcoin Prices Down Rp. 5.2 Million

[CryptoDemon 370]

On 1/9/2020 at 4:14 PM, M auzi falevi said:

Trump's softened signal towards Iran seems to be driving the price of Bitcoin down rapidly since the morning of Thursday (9 January 2020).  As of 12:27 today, Bitcoin has been observed to weaken by 4.54 percent, down from US $ 8,331 to US $ 7,954.  Bitcoin has practically lost a value of up to Rp. 5.2 million.

 

After being able to "hepi" from Friday (January 3, 2020) to January 8, 2020, Bitcoin must lose its value up to 5.2 million in 24 hours.  The reason, most likely is the softening of the attitude of the United States towards Iran, through Trump's Speech this morning local time in the US.

 

Well, just this morning, Bitcoin was observed to drop to 3.77 percent.  Including gold, 0.75 percent and crude oil.  Speculation has begun to relax a little, because US-Iran tensions have begun to diminish.  It could be, because there are no casualties on the US side, after Iran attacked the US military headquarters in Iraq.  And maybe because of President Trump's "soft speech" last night.

 

There have been obstacles from the US House of Representatives led by the Democratic Party which sought to prevent the US from attacking Iran again.  This may be regarded as a driver of speculative action in the asset trade, except if the opposite occurs.

 

In President Trump's speech last night local time, reinforcing the signal that the US withdrew from the opportunity to wage war with Iran.

 

"The fact that we have good military equipment does not mean we have to use it," Trump said.

 

Trump explained that he would immediately impose additional sanctions in the economic and financial sectors, until the Tehran regime "changed its behavior".

 

This means, the constellation of conflict may not go through open war, but through additional sanctions which will increase inflation in Iran.

 

"The United States is ready to make peace with all those who want it," Trump was quoted as saying by CBS News.

Since the unity between two countries happened, it will also affect the trading value of every materials that can be traded. Unity won't have a bad effect so we don't need to worry about the loss of coins.

[candyguyyy 43]

as long as there peace around world so the global economic will going to  be better and bitcoin price will raise but if something bad happened prices will be down that economic rules

[Cryptomint 433]

When there was the problems between the Iran and USA I listened many of the fake news. And this is one of them. I read a post which was saying that trump didn't do anything.

[Razan alikac 1899]

I think politics may affect the currency injection and what happened between the United States and Iran plays a role in the bitcoin price
 But what plays a most important role in the price of bitcoin is whales, as it is affected by whales greatly, by supply and demand, and in all cases it is very volatile