Bitcoin Dips to $62K as Trump Says Iran MoU Could be ‘Over’

• BTC dropped from $62,800 to $62,032 on the 15-minute chart after 08:15 UTC.
• Trump told reporters in Ankara he thinks the Iran MoU is “over.”
• US struck over 80 Iranian targets overnight after tanker attacks in the Strait of Hormuz.

What Trump Actually Said in Ankara

Speaking to reporters at the NATO summit at the Bestepe Presidential Compound, Trump said dealing with Tehran is a “waste of time” and said that he thinks the June 17 Islamabad Memorandum of Understanding is no longer in force. The comments were reported by Al Jazeera from Ankara. Trump also said the US “hit them very hard last night,” referring to the overnight strikes, and confirmed he ordered Treasury Secretary Scott Bessent to cut off all trade with Spain over its refusal to support US operations against Iran.

The remarks land less than three weeks after the same agreement was signed on June 17 as the diplomatic exit from the US-...