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 The Kobeissi Letter, President Trump has firmly denied any outreach to Iran for peace talks, labeling recent reports as 'highly fabricated, fake news' (source: The Kobeissi Letter, June 17, 2025). This public denial has heightened geopolitical tensions in the Middle East, potentially increasing volatility in traditional and cryptocurrency markets. Traders should monitor BTC and ETH for increased price swings due to renewed uncertainty, as risk-off sentiment could drive capital flows into or out of digital assets depending on further developments.