{"id":42426,"date":"2026-03-24T14:37:41","date_gmt":"2026-03-24T14:37:41","guid":{"rendered":"https:\/\/financialrush.com\/?p=42426"},"modified":"2026-03-24T14:37:41","modified_gmt":"2026-03-24T14:37:41","slug":"bitcoin-dips-below-70k-as-reports-suggest-saudi-arabia-is-pushing-to-continue-iran-war","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=42426","title":{"rendered":"Bitcoin Dips Below $70K as Reports Suggest Saudi Arabia Is Pushing to Continue Iran War"},"content":{"rendered":"

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\n\t\t\t\t\t\t\t\t\tBTC was rejected at $71,000 once again after the latest developments on the US\/Israel-Iran matter.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n

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Bitcoin has staged another unsuccessful breakout attempt after yesterday\u2019s impressive surge, as this time it was stopped at $71,000 and slipped by a grand following new reports on the war in the Middle East.<\/p>\n

According to a report from the New York Times cited by The Kobeissi Letter, Saudi Arabia\u2019s Prince Mohammed bin Salman has been \u201cpushing\u201d Trump to continue the war against Iran.<\/p>\n

The paper reads that this military campaign presents a \u201chistoric opportunity\u201d to remake the region as Iran poses a long-term threat to the Gulf that can only be eliminated by getting rid of the current regime.<\/p>\n

The report further stated that Prince bin Salman has urged Trump to send troops to Iran to seize energy infrastructure and force the government out of power.<\/p>\n

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BREAKING: Saudi Arabia\u2019s Prince Mohammed bin Salman has been \u201cpushing\u201d President Trump to continue the war against Iran, per NYT.<\/p>\n

Saudi\u2019s Mohammed bin Salman says:<\/p>\n

1. The US-Israeli military campaign presents a \u201chistoric opportunity\u201d to remake the Middle East<\/p>\n

2. Iran poses a\u2026 pic.twitter.com\/DEUmb40G4K<\/a><\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) March 24, 2026<\/a><\/p>\n<\/blockquote>\n

The timing of this report is quite intriguing, as just yesterday, President Trump said<\/a> his country reached some sort of a deal with the Iranian authorities to halt any military action against the latter\u2019s power plants for a five-day period.<\/p>\n

Although Iran\u2019s officials denied<\/a> Trump\u2019s claims, more reports emerged in the following hours indicating that both parties have indeed been in talks, perhaps through middlemen.<\/p>\n

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Separately, another report from earlier today suggested<\/a> that Saudi Arabia and the UAE are \u201cinching toward\u201d joining the war against Iran as they have been targeted multiple times by their Middle Eastern enemy.<\/p>\n

Bitcoin reacted immediately yesterday with a push from $68,000 to almost $72,000 after Trump\u2019s de-escalation message, but dipped below $70,000 minutes ago after the news about Prince bin Salman went live.<\/p>\n

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BTCUSD March 24. Source: TradingView<\/figcaption><\/figure>\n

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