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Bitcoin’s cautious recovery hinges on Donald Trump ultimatum, US macro data

Bitcoin’s cautious recovery hinges on Donald Trump ultimatum, US macro data

Crypto markets begin the week with mixed sentiment, with Bitcoin (BTC) trading above $69,000 following last week’s rebound. Still, markets remain cautious as traders weigh risks stemming from Donald Trump’s renewed threats toward Iran ahead of the ultimatum set for Tuesday. On the economic calendar front, market participants are closely watching this week’s data releases for cues on interest rates, a key factor for the broader direction of risk assets.

Trump’s ultimatum triggers mixed sentiment

US President Donald Trump extended the “48-hour deadline” to 82 hours for Iran. Trump threatened to destroy Iran’s civilian infrastructure, including power plants and bridges, if the Strait of Hormuz is not open by ​Tuesday at 08:00…

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