US President Trump is expected to deliver a speech at the White House at 11:00 AM Eastern Time on March 2 (midnight on March 3 Beijing Time), focusing on the issue of Iran. This is the latest development following the launch of Operation Epic Fury, a large-scale military operation by the US-Israel coalition to strike Iran, and the market is paying close attention to the potential further impact of the speech.
Beginning February 28, the US and Israel launched a series of intense airstrikes and precision strikes against Iranian Revolutionary Guard facilities, air defense systems, nuclear-related sites, and naval assets. President Trump announced the operation via video conference, emphasizing its aim to eliminate the "imminent threat" posed by Iran to the US and its allies, and to prevent Iran from acquiring nuclear weapons and long-range missile capabilities. The operation has confirmed the death of Iranian Supreme Leader Ayatollah Ali Khamenei and at least three US soldiers. Trump stated that the operation will continue until all objectives are achieved, estimating it could take "four weeks or less."
Against this backdrop, Trump's upcoming speech is highly anticipated, with expectations that he will provide updates on military operations, casualties, warnings to remaining Iranian forces, or signal a willingness to engage in diplomatic dialogue. Prior to the speech, global financial markets have already experienced significant volatility due to tensions in the Middle East, particularly driven by rising energy prices and increased demand for safe-haven assets.
Bitcoin breaks $67,000
The cryptocurrency market reacted strongly to the news. Bitcoin surged, breaking through the $67,000 mark; Ethereum also strengthened, surpassing $1,980.
