LIVE: Trump says Iran is plotting to kill him again, but he has a plan

Bitcoin stayed surprisingly steady near $64,000 even after Trump issued a fresh military warning to Iran. The coin gained roughly 2% to $64,100, while investors also moved toward gold as both assets traded more closely together during the latest burst of geopolitical and inflation anxiety.

Trump said the U.S. already has weapons aimed at Iran and claimed the military could keep up a major campaign for at least a year if Tehran tries to kill him.

“1000 Missiles are Locked and Loaded and aimed at the Islamic Republic of Iran, with thousands of more to immediately follow,” Trump wrote on Truth Social.

He added that orders had been issued and said the operation could be extended beyond one year, and ended the message with an uppercased “PRAISE BE TO ALLAH.”

The bulk of Bitcoin’s gain came about as a result of the liquidation of traders out of their bearish positions, rather than because of a new influx of fresh buyers. Over the last 24 hours, over $80 million of BTC shorts got liquidated, driving the seller’s hand into covering their shorts and fueling the rally further. This buying loop pushed prices higher despite the lack of increased demand via spot BTC ETFs.

Standard Chartered is still sticking with its call for Bitcoin to reach $100,000 by the end of 2026. Its analysts said the recent weakness had more to do with worries over MicroStrategy’s Bitcoin holdings, treasury decisions and possible coin sales than with any real damage to Bitcoin itself.

However, the bank regarded this largely as “mostly noise” while maintaining its optimistic long-term view. This is because the market receives further institutional backing at a time when corporations’ treasury actions have been behind the dramatic, narrative-based movements.

Away from markets, Iranian Foreign Minister Abbas Araghchi accused Washington of breaking part of the nuclear memorandum agreed with Tehran. Abbas said Iran had kept its commitments, while the U.S. Treasury secretary had breached Paragraph 9 after several earlier violations. “Reality check: There can only be mutual compliance,” he said.