According to The Kobeissi Letter, President Trump has officially denied any outreach to Iran for peace talks, stating that reports claiming otherwise are 'highly fabricated, fake news' (Source: The Kobeissi Letter, June 17, 2025). This clear rejection of diplomatic engagement signals sustained geopolitical tension, which has historically triggered short-term volatility in the cryptocurrency market, particularly affecting safe-haven assets like Bitcoin (BTC) and Ethereum (ETH). Traders should monitor BTC and ETH price action closely in response to ongoing Middle East developments.

According to Crypto Rover on Twitter, BlackRock has purchased $13.1 million worth of Ethereum, marking a significant institutional investment in ETH. This large-scale acquisition is viewed as a bullish signal by traders, highlighting renewed confidence in Ethereum's market outlook and potentially driving upward momentum in ETH prices. The entry of a major institution like BlackRock is expected to boost liquidity and attract further interest from both retail and institutional investors, strengthening Ethereum’s position in the broader cryptocurrency market. Source: Crypto Rover (@rovercrc), Twitter, May 20, 2025.