Trump called the Iran conflict a 'mini war' and claimed the economy is booming, but crypto markets saw $350M in liquidations and a 7% Bitcoin drop.

Donald Trump and sharemarkets appear relaxed about the effects of the war in Iran but the likelihood of significant global economic damage is increasing by the day.

“Everyone’s 401(k)s are the highest they’ve ever been. Everybody’s making a lot of money. Costs are coming down," the president said.

Trump called the Iran conflict a 'mini war' and claimed the economy is booming, but crypto markets saw $350M in liquidations and a 7% Bitcoin drop.