Cryptocurrencies Plummet Amid Rising Global Tensions Triggered by Trump’s Nuclear Ultimatum

Former U.S. President Donald TRUMP has escalated geopolitical tensions with a ten-day ultimatum to Russia, set to expire next Thursday. The move follows Trump's public dissatisfaction with Russian President Vladimir Putin, warning of secondary sanctions if demands are not met. Dmitry Medvedev, Russia's Security Council Deputy Chairman, retaliated with a stark warning, framing Trump's actions as a step toward war.

Global markets have reacted sharply to the rising tensions, with cryptocurrencies bearing significant losses. Trump's deployment of two nuclear submarines as a show of force has further rattled investor confidence. The crypto market, already sensitive to geopolitical instability, mirrors the volatility seen during previous crises, such as the U.S.-Iran standoff.

Medvedev's remarks—"Russia is neither Israel nor Iran"—underscore the gravity of the situation. Market participants are bracing for prolonged uncertainty as diplomatic rhetoric hardens. Cryptocurrencies, often viewed as a hedge against traditional market turmoil, have instead mirrored the downward trajectory of risk assets.