Trump's Iran Address Sparks Cryptocurrency and Stock Market Decline

Cryptocurrency markets and US stock futures plummeted following President Trump's address on the escalating US-Israeli military engagement with Iran.

The address failed to provide any near-term resolution or policy pivot, leading to widespread selling across financial markets.

Bitcoin declined by 2.2% to $66,609, while Solana experienced a significant 5.2% drop. Other major cryptocurrencies also recorded losses, with the crypto Fear and Greed Index registering an extreme fear reading of 8.