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$BTC I'm not sure if you all remember, but in a survey earlier this year, Federal Reserve Chairman Powell was identified as the most trusted U.S. government official in 2025. Now Trump is fighting on multiple fronts—externally with the war against Iran, and internally attacking Powell while signing executive orders for housing reform. Meanwhile, the tariff issue remains a mess, and U.S. oil prices continue to rise, about to break through $100. Looking at Bitcoin data, today $BTC price pulled back partially following the stock market, mainly due to the impact of the war and the closure of the Strait of Hormuz. Trump is aware of the current economic impact, so his recent remarks have all been about economic rebound after ceasefire, but there's no clear timeline on when that will happen.
From what we can see, as long as the war continues, Bitcoin's price will keep fluctuating with oil prices. Based on prediction market data, there's widespread consensus that the U.S.-Iran war won't stop in the short term. If this continues, the impact on the market could be even more significant.