BTC Falls to $70k as France Sends Ships to Hormuz and Trump Rejects Peace Deal Efforts (Report)



Meanwhile, Russia has reportedly become the first country to send aid to Iran since the war began.

Bitcoin price movements remain very sluggish despite recent developments regarding the rapidly escalating tensions in the Middle East. After today’s major attacks on a key Iranian island, Trump asked multiple countries to send military ships to protect oil exports through the Strait of Hormuz, and France was among the first to respond positively.

Meanwhile, the Omani authorities said that they tried to make a peace agreement between America and Iran, but it did not work.

France sends ships

Crypto potato On Saturday, the US military announced that it had carried out a targeted operation against Iran’s Hargi Island, which POTUS described as “the most powerful bombing raid in Middle East history”. However, he added that America did not deliberately attack any oil infrastructure, but threatened that if Iran interferes in any way with the free and safe passage of ships through the Strait of Hormuz, it will carry out this attack.

Hours later, Trump called on other countries, including China, France, Japan, South Korea and the United Kingdom, to send “warships” to the region to keep the strait open and secure. Reports that arrived a few minutes ago indicate that France has sent 10 warships to the region in accordance with the message of the American president. However, the UK refused to deploy any military aircraft.

In a separate development, The Kobeissi Letter reported that Russia has become the first country to officially aid Iran since the start of the war, sending 13 tons of medical aid.

There is no peace agreement yet

Other recently published reports indicate that the authorities of Oman “applied to the United States in an attempt to mediate a peace agreement with Iran”, but the President of the United States refused.

Some details of the matter indicate that Oman tried “several times” to open the line of communication, but the White House “was not interested”. According to a senior Trump administration official, the president is “focused on waging war.”

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Bitcoin’s price has remained largely unaffected by these developments, hovering above $70,000 as of press time. However, assets have historically been abandoned after most financial markets open late Sunday and early Monday.

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