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Bitcoin Caught In The Crossfire As Trump’s Iran Deadline Nears

By Bitcoinist
Apr 8, 2026
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Tehran Pushes Back On Trump’s Ultimatum

Iran’s deputy minister of youth and sports, Alireza Rahimi, posted a public call on X urging athletes, artists, and young citizens to stand beside power stations across the country at 2 p.m. local time.

Iran’s Islamic Revolutionary Guards Corps fired back, calling Trump’s statements the “baseless” ramblings of a “delusional” president facing military setbacks. IRGC spokesman Ebrahim Zolfaqari warned that any repeated strikes on non-civilian sites would trigger a far larger retaliatory response. Iran’s foreign ministry separately urged Americans to hold their own government accountable for what it described as an unjust and aggressive war.

TRUMP’S DEADLINE: STRIKE, DEAL OR BLUFF

Donald Trump has set an 8 p.m. deadline, warning he will bomb major Iranian infrastructure if Tehran doesn’t reopen the Strait of Hormuz.

Based on past behavior, three outcomes are possible:

Back down (unlikely): Trump could avoid…

Commanders Killed, Nuclear Site Hit

The battlefield picture grew darker by the hour. Israel confirmed it killed Majid Khademi, the head of the IRGC’s intelligence organization, early Monday. Israel’s defense minister said Khademi bore direct responsibility for Israeli civilian deaths and was among the three most senior figures in the revolutionary guards.

Bitcoin Slides As Ceasefire Hopes Collapse

Featured image from Unsplash, chart from TradingView

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