Trump Iran War Signals Lift Crypto, Sink Oil Prices
Published on March 10, 2026.
US President Donald Trump has suggested that the Iran war could be over, leading to a decrease in oil prices and modest gains in cryptocurrencies. Despite this, he continued to escalate the war rhetoric on social media, warning that Iran has nothing left to give. His comments led oil prices to fall 28% from their four-year high of $118 to around $85 in the hours following. However, he also warned that if Iran does anything that stops the flow of oil within the Strait of Hormuz, they will be hit by the United States of America TWENTHAS HARDER than they have been hit so far. Despite these statements, experts predict a relief rally in crypto driven by plunging oil prices, eased inflation/geopolitical fears, and potential for prolonged uncertainty.
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