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 Fox News, Israeli Prime Minister Netanyahu confirmed that Israel targeted Iran's Natanz nuclear facility and key scientists involved in nuclear weapons development. This escalation in Middle East tensions could drive increased volatility across cryptocurrency markets, as traders may move to digital safe-haven assets like Bitcoin (BTC) and Ethereum (ETH) in response to potential geopolitical instability. Historically, such events have triggered short-term price surges in major cryptocurrencies due to risk-off sentiment and hedging strategies, as reported by Fox News on June 13, 2025.