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Trump Issues Ultimatum: Iran Must Open Strait of Hormuz Within 48 Hours "Or We'll Bomb Power Plants," Bitcoin Plummets to 68,000

Trump issued a 48-hour ultimatum this morning (22nd) demanding Iran fully open the Strait of Hormuz, otherwise the U.S. military will destroy Iran's power plants; following the announcement, Bitcoin plummeted rapidly to $68,000, with the Fear and Greed Index dropping to 9, indicating extreme market panic. (Background: Iran launched medium-range missiles at U.S. and British bases, missing but with a range of 4,000 kilometers, "double what intelligence estimated") (Context: Lai Ching-te approved: Nuclear Plants 2 and 3 "have conditions for restart," Taiwan's power shortage in the AI era cannot be sustained) Contents of this article Toggle Middle East conflict has been burning for over 4 weeks Bitcoin crashes to $68,000, liquidations of $236 million 48-hour countdown, market awaits three answers U.S. President Trump posted on his social media platform Truth Social at 7:44 AM this morning (22nd)

Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts

Citigroup has lowered its target prices for Bitcoin and Ethereum, indicating a cautious outlook on the medium-term prospects of the crypto market. The Bitcoin target price has been reduced from $143,000 to $112,000, while Ethereum's has been lowered from $4,304 to $3,175, mainly due to slow progress in U.S. cryptocurrency legislation. Although there is still room for upward movement over the next year, the market may remain volatile in the short term, with Ethereum's valuation becoming more reliant on fundamentals.

Trump team begins discussing peace negotiation strategy with Iran, involving nuclear issues, missiles and proxy disputes

The Trump administration has begun discussions regarding the possibility of peace negotiations with Iran, despite expectations that fighting will continue for two to three weeks. Trump plans to gradually end the war, and envoys are considering diplomatic channels. However, the negotiation conditions proposed by Iran are quite stringent, including ceasefire and reparations.

CLARITY Act’s Stablecoin Yield Deal Near as SEC Redefines Tokens

Lawmakers and regulators are making progress on crypto policy, with a stablecoin yield proposal anticipated soon. The SEC and CFTC classified most crypto assets as non-securities, designating several as digital commodities.

Iran's New Leader Mujtaba Issues Only Written Statement During Nowruz, US and Israeli Intelligence Agencies Struggle to Assess His Actual Condition

March 21 — Intelligence agencies are monitoring the movements of Iran's new Supreme Leader, Mujtaba. During Nowruz, he did not make a public appearance and only issued a written statement, sparking speculation about his health and authority. Although Israel considers him a target for strikes, intelligence indicates that Mujtaba is still alive, but there is no direct evidence that he is issuing orders. U.S. and Israeli officials believe the Iranian regime is facing a command crisis, but there are no signs of collapse.

US Claims to Have Destroyed Iranian Coastal Military Facilities Threatening Strait of Hormuz

Gate News reported that on March 21, U.S. Central Command Commander Brad Cooper stated in a video that the United States bombed Iranian coastal facilities threatening shipping in the Strait of Hormuz. Cooper said the U.S. struck Iranian underground facilities and anti-ship missiles, while also targeting intelligence support systems and radar equipment.