US President Donald Trump has reportedly sought the unconditional surrender of Iran. This has triggered speculation about how long the Middle East conflict could go on. For now, the crypto market has reacted with heavy dips as all the major tokens are down over the last 24 hours. A similar sentiment expands to the major US stock indexes.
Trump on Iran’s Surrender
Iran’s President didn’t name the countries but stated that some of them commenced mediation efforts. This struck up a possibility for a diplomatic solution. However, Donald Trump later published a post on social media to clarify that they will only accept unconditional surrender of the country. This has raised the possibility of a longer conflict in the region.
Trump emphasized in the post that the US and its allies would work to bring Iran back from the brink of destruction after a great and acceptable leader has been selected. These developments come at a time when attacks from both sides are expanding.
Crypto Prices React
The FGI has shifted back to 20 points, earlier 24 points, with a 2.67% dip in the collective market cap at the time of writing this article. Many factors are known to impact the prices of cryptocurrencies. But recent developments coincide with the decline. This includes a 3.61% daily fall in the BTC price, which is now $67,944.41, along with a plunge of 4.50% for Ether, which is exchanging hands at $1,975.85.
Top meme coins have also stumbled. DOGE and SHIB have declined by 3.18% and 3.08%, respectively. They are now trading at $0.09058 and $0.000005395, applicable in the same order. BONK and PENGU have declined by 5.36% and 4.79%, respectively, to record one of the biggest hits.
Stock Indexes Plummet
Major US stock indexes have plummeted as well. Dow and Nasdaq have shed almost 0.95% and 1.59% of their respective values. S&P 500 is down by 1.33%.
Standing out as exceptions are Gold and Silver. Gold has gained 1.77% to $5,171.50 per ounce, still marginally down from $5,200. Silver has added 2.68% to trade at $84.44 per ounce.
All three major indexes are likely down in anticipation of the inflation data, which comes out next week. Or, in reaction to the February 2026 unemployment rate, which is 4.40%, slightly up from 4.30% for January 2026.
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