As tensions in the Middle East escalate rapidly and the U.S.-Israel joint military operation “Epic Fury” continues to advance, U.S. President Donald Trump is scheduled to deliver a speech at the White House at 11 a.m. Eastern Time on March 2 (midnight Beijing time), focusing on Iran. This highly anticipated address may provide the latest updates on military developments, a final warning to Iran, or signals of diplomatic diplomacy. The market has already reacted in advance, with Bitcoin and Ethereum prices rising accordingly.
(Background: Iranian cryptocurrency exchange Nobitex experiences a 700% surge in fund outflows! Crypto becomes a “escape route” after U.S. airstrikes)
(Additional context: Escalation! Israel attacks Hezbollah in Lebanon, resulting in 31 deaths and 149 injuries; Iran condemned for launching ballistic missiles)
President Trump is expected to speak at 11 a.m. Eastern Time on March 2 (midnight Beijing time on March 3) at the White House, focusing on Iran. This follows the large-scale military operation codenamed “Epic Fury” launched by the U.S.-Israel coalition against Iran, and market attention is focused on the potential further impact of his speech.
Since February 28, the U.S. and Israel have launched intense airstrikes and precision attacks on Iranian Revolutionary Guard facilities, air defense systems, nuclear-related sites, and naval assets. Trump previously announced the operation via video, emphasizing that the goal is to eliminate the “imminent threat” posed by Iran to the U.S. and its allies, and to prevent Iran from acquiring nuclear weapons and long-range missiles. During the operation, it was confirmed that Iran’s Supreme Leader Ayatollah Ali Khamenei was targeted and killed, with at least three U.S. soldiers dead. Trump also stated that the operation would continue until all objectives are achieved, which could take “four weeks or less.”
In this context, Trump’s upcoming speech is highly anticipated. Analysts expect him to update on military progress, casualties, warnings to remaining Iranian forces, or signals of diplomatic dialogue. Prior to the speech, global financial markets have experienced significant volatility due to Middle East tensions, especially with rising energy prices and increased demand for safe-haven assets.
Following the announcement, the cryptocurrency market responded sharply. Bitcoin surged past $67,000; Ethereum also strengthened, breaking through $1,980.
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