Trump’s Iran deadline stirs market jitters

Bitcoin slipped below $68, 000 after briefly crossing $70, 000, as traders brace for a possible U. S. military move on Iran. The drop came just before President Trump’s self-imposed deadline for Iran to reopen the Strait of Hormuz—a chokepoint for global oil shipments. In a Tuesday morning post, Trump warned of potential disaster, saying civilization itself could face irreversible consequences if Iran didn’t comply. Yet markets reacted cautiously, with stock futures dipping while oil prices climbed over 1. 5% to $114 per barrel. The Nasdaq showed early losses, hinting at broader unease among investors.Vice President J. D. Vance tried to ease concerns, claiming military goals in Iran had already been met—despite the looming deadline. His statement did little to calm nerves, leaving traders to weigh the risks of escalation against the uncertainty of Trump’s next move.