President Trump gathered his senior national security team on Friday morning to weigh military options against Iran, with sources telling Axios that new strikes are on the table if negotiations don’t produce a last-minute breakthrough.
The meeting included Vice President JD Vance, Defense Secretary Pete Hegseth, and CIA Director John Ratcliffe. For crypto markets already whipsawing on every headline out of the Middle East, the implications are immediate and significant.
What happened and why crypto cares
Trump had reportedly called off a planned military strike around May 20 at the request of Gulf leaders from Qatar, Saudi Arabia, and the UAE, who argued that serious negotiations over Iran’s nuclear capabilities were making progress.
US strikes against Iran began in late February 2026, setting off a chain of escalatory responses that rattled energy markets and, by extension, every asset class that trades on risk sentiment.
