BTC, ETH, XRP Progress at Risk as Trump Condemns Israel’s Latest Attacks

US President Donald Trump expressed serious criticism over Israel’s latest actions, which came on the day he had promised a permanent deal would be announced with Iran.

The Benjamin Netanyahu-led country carried out a new set of attacks on Beirut’s southern suburbs earlier today, which could jeopardize the deal that was already far from secure.

“This morning’s attack on Beirut should not have happened, particularly on a special day when we are so close to a Peace Deal with Iran. Israel has the right to defend itself against threats, but the attack it was responding to was very small and meaningless, nobody was hurt, injured, or killed, and should not disrupt this important process,” reads Trump’s message on Truth Social.

It’s worth noting that Lebanon’s civil defense capital claimed that there were at least three victims of the attacks and seven wounded, as reported by Al Jazeera.

Trump also doubled down on his promise from yesterday that the US and Iran were supposed to announce a deal later today, which has been questioned by some authorities of the Middle Eastern country.

In his latest post, he also urged that all sides stand down, including Israel and Hezbollah, which could lead to the “beginning of a long and beautiful peace.”

Some of the largest cryptocurrencies charted minor gains over the past day or so, perhaps driven by the hope and promise of a permanent peace deal as the Strait of Hormuz was also supposed to be opened. However, the new attacks by Israel and Trump’s subsequent message halted their progress.

$BTC dipped below $64,000 minutes ago after peaking at $64,800 earlier today. ETH is down by over 1%, while XRP has dropped by 2% to $1.13 after another rejection at $1.15.

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The day is far from over, and more volatility could be expected later today or, more likely, tomorrow morning, when futures and traditional markets open. Trump is also headed to France for a G7 meeting.