Next Crypto to Hit $1 While US-Iran Tensions Rise and Trump Flies to Beijing

The US-Iran tensions and Trump's visit to Beijing are contributing to volatility in the crypto market. Inflationary pressures and the decline in expectations for rate cuts have caused a drop in Bitcoin's price, while rising oil prices due to the Strait of Hormuz blockade are exacerbating the situation. Prediction markets are actively pricing the probability of a permanent US-Iran peace deal and other geopolitical risks.