Iran Economic D-Day: Bitcoin Holds Strong Above $77K Amid Macro Tensions

Treasury Secretary Scott Bessent announced an 'economic D-Day' against Iran, saying it's the greatest financial offensive ever marshaled against an adversary. The move aims to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone.

The US Treasury has doubled debt buybacks as Bessent moves to steady the bond market. Analysts expect Bitcoin price and the broader crypto market to rise further, with prediction market data showing 68% odds of Bitcoin reaching $85,000 by December 31, 2026.

Bitcoin price is holding strong above $77K despite the economic D-Day announcement, while gold prices extended recent gains to above $4,645. The US Dollar Index traded lower near 98.80 ahead of US PCE inflation data release.