Source: CoinMarketCap
Iran denies negotiating with the US
Markets have witnessed intense volatility in the past 48 hours since Trump had threatened to blow up Iranian power plants, then changed his mind on the grounds of peace talks with Iran.
Iran has now sent a letter to the International Maritime Organization, stating that “non-hostile” vessels could go through the Strait of Hormuz.
Nonetheless, the country continues to deny any negotiations with the US as it continues missile retaliation against it and its proxies. This brings back uncertainty to the market, meaning Bitcoin, the rest of the cryptocurrencies, and traditional markets could experience volatility for a while longer.
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