Bitcoin Weakens While Oil Climbs After Trump Signals Continued Iran Strikes

Crude oil climbed back above $100 a barrel and Bitcoin slipped as US President Donald Trump used a White House address to say the military campaign in Iran was close to wrapping up, while also warning that more strikes could come in the next two to three weeks. Related Reading: Bitcoin Ends 5-Month Losing Run — Real Reversal Or Just April Fool’s Hype? Markets Move First Bitcoin fell about 2% during the speech, and the price was later reported at $66,400, down from where it started the address. Oil moved the other way, with crude rising to $103.55 a barrel after easing earlier in the week. The reaction fits a familiar pattern. As conflict risk rises in the Middle East, traders often move away from assets seen as risky and into markets tied more directly to energy and supply shocks. In this case, crypto and oil were moving in opposite directions almost in real time. Trump told viewers that the US military was close to completing what he called its main goals. He also said Iran’s nuclear,