Geopolitical Risks Rise: Will Bitcoin Respond?

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Bitcoin tends to go volatile after the legacy futures markets open on Sunday evening following such reports.

Although both parties are reportedly in talks about a potential deal, a recent report from the Washington Post claimed that the US has begun preparing for a potential ground invasion into Iran that could last up to two months.

This one follows previous reports that the Pentagon was mulling sending up to 10,000 troops in the region for what could be a part of a massive ‘final blow.’

Citing the information from the Washington Post, the analysts from The Kobeissi Letter noted that any such invasion would “involve raids by a mixture of Special Operations forces and conventional infantry troops.”

Internal discussions have reportedly focused on whether the US could seize Kharg Island, a cornerstone of Iran’s oil infrastructure, and raid into other coastal areas near the Strait of Hormuz.

The report also noted that US President Donald Trump has “wavered” between stating that the war is “winding down” and threatening to amplify it.


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