Trump says US-Iran ceasefire is on ‘massive life support,’ and crypto markets are feeling the pressure

President Trump has declared that the US-Iran ceasefire is on "massive life support" after rejecting a recent peace proposal from Iran. This diplomatic instability has negatively impacted cryptocurrency markets; Bitcoin, which peaked after the initial ceasefire, has since retraced as tensions rose.

The situation is further complicated by the US Treasury freezing $344 million in crypto assets linked to Iran, signaling a crackdown on sanctions evasion. With Iran accounting for approximately 4.5% of the global Bitcoin hashrate, the US government is increasingly treating crypto infrastructure as a primary battleground for sanctions enforcement. This creates a paradoxical environment where geopolitical chaos may drive demand for privacy tokens and DeFi, while simultaneously attracting heightened regulatory scrutiny.

(Source：Crypto Briefing)