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Trump Rejects Iran Deal — Bitcoin Reacts With Sharp Drop Below $74K

Summary by Bitcoinist
Bitcoin’s market cap stood at roughly $1.5 trillion as the sell-off unfolded, with daily trading volume climbing past $32 billion — a sign that traders were moving fast in response to a rapidly shifting news cycle. A Fabricated Deal Sets Off The Selloff The chaos started when Iranian state television reported that Tehran and Washington had agreed on a memorandum of understanding to ease months of conflict. The draft reportedly called for restori…
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3 Articles

President Trump made a dramatic announcement ahead of the weekend, in which he revealed the terms of the agreement being formed between Iran and the United States, and announced that he would immediately hold a final meeting in the White House Situation Room, in which he would decide whether to finally agree to a deal with Iran. President Trump's announcement on social mediaPhoto: UncreditedTrump published the remarks as usual in a message on th…

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Bitcoinist broke the news on Friday, May 29, 2026.
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