How can the attack on Iran affect Bitcoin
Welcome to Mooring Crypto News – the main blaming of the most important developments in encryption for next day.
Today, beincrypto dives into the effect of geopolitical tension on Bitcoin (BTC) amid the increasing tensions between Israel and Iran in the Middle East. The effects of any escalation can exceed this point exceeding encryption markets, which may affect the governor of investors.
TV news from today: Iran’s attack can lead us to inflation to 5 %
In the former American encryption news publication, Beincrypto reported that the US Consumer Prices Index (Consumer Prices) showed a slightly inflation cooling to 2.4 % in May. Reading reduces market expectations by 2.5 %, and came along with positive developments in commercial talks between the United States and China.
Now, however, JPMorgan sees inflation in the consumer price index in the United States up to 5 % if Israel continues to attack Iran. This projection comes amid the expected impact on oil prices.
In fact, an attack on Iran can disrupt its oil exports (almost 1.5 million barrels/day). The country is proud of wide oil resources and is the third largest producer in Oil Cartel Opec.
Any disturbance may cause its ability to provide global markets, as JPMorgan predicted that oil prices have risen to $ 120.

For perspective, oil prices jumped by 4 % on June 11, reaching the highest level in two months as tensions escalated in the Middle East. The increase came when the sources revealed that the United States is preparing to evacuate its Iraqi embassy, noting increasing security interests.
Quoted by the Energy Information Administration, Reuters I mentioned These raw stocks fell by 3.6 million barrels in the United States on Wednesday, as analysts expect 2 million barrels.
Meanwhile, it should be noted that JPMorgan predicts oil prices of $ 120 a barrel for a precedent. In the Saudi Aramco attack 2019, oil prices rose by 14-20 %.
With President Trump’s maximum priority to lowering energy prices for low inflation, an attack that pays oil prices to $ 120 would restore high interest rates on the table for the Federal Reserve (Fed).
This would nullify the expectation that the Federal Reserve can start reducing interest rates by September.
“An attack that pays oil prices to $ 120 that would restore interest rates on the table,” Kobe’s message male.
High interest rates in the United States generally reduce bitcoin by tightening liquidity and increasing borrowing costs.
In response, the investor’s preference moves to safer assets such as bonds, as in 2022, when bitcoin was sent from $ 47,000 to $ 20,000.
Really, reports indicate that investors may already be safe by longing for gold.
Gold at 3400 dollars: deciphering the increase rate of the financing by 84 % at the altitude of the liquid
Duo Nine analyst refers to long heavy sites on PaXG, a gold -backed symbol, with a precious metal price of $ 3400/ounce. This represents a highly motivated record behind the safe demand for commercial tensions between the United States of China and geopolitical wars.