Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes
Bitcoin fell, altcoins slid after Trump said the ceasefire with Iran is "over" as U.S. and Iran traded airstrikes.
AI Summary
Bitcoin fell 2.5% and altcoins suffered heavier losses after President Trump declared the U.S.-Iran ceasefire "over" following airstrikes between the two countries, triggering a risk-off mood across markets. The CoinDesk 20 Index dropped 2.9%, with altcoins like JUP, ETHFI and PUMP losing 5.5% to 9.3% and $450 million in total liquidations occurring. U.S. equity futures also tumbled as renewed tensions stoked inflation concerns.