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Bitcoin and XRP Price: Why the U.S. and Iran War Keeps Overriding Every Crypto Rally

Bitcoin and XRP Price: Why the U.S. and Iran War Keeps Overriding Every Crypto Rally

Bitcoin and XRP Price: Why the U.S. and Iran War Keeps Overriding Every Crypto Rally

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Bitcoin (CRYPTO: BTC) hit $75,000 on March 17, which is its highest level since the Iran war started three weeks earlier. By Saturday March 22 it dropped below $68,000 after Trump threatened to obliterate Iran’s power plants. But by Monday March 23, the BTC price was back at $71,000 after he postponed the strikes. 

XRP (CRYPTO: XRP) rode the same wave. The XRP price slipped from $1.60 down to $1.37 and climbed above $1.40 again. Since Operation Epic Fury began on February 28, the Iran conflict has overridden everything that’s supposed to work in crypto’s favor. Oil above $100 keeps inflation hot, the Fed can’t cut rates, and every escalation headline hits crypto first because…

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