Donald Trump Declares the Iran MoU “Is Over”: Bitcoin Plunges and Oil Soars

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BeInCrypto • July 8, 2026 at 09:40 • News

Middle East de-escalation now looks severely threatened. US President Donald Trump declared the memorandum of understanding with Iran “is over,” sending Bitcoin below $62,000 and oil sharply higher within minutes. Here is what Trump said, how markets reacted, and why Bitcoin moved in the opposite direction to oil. What Trump’s Iran MoU Statement Actually Means
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