What to know:
- Odds of a U.S. military strike against Iran have plummeted below 50% on Polymarket. π’
- According to Axos, the Trump team is trying to schedule a cozy chat with Iran’s foreign minister. Because nothing says “let’s be friends” like a nuclear deal! π€
Traders on the decentralized betting platform Polymarket have decided that maybe, just maybe, a U.S. military action against Iran isn’t happening anytime soon. Apparently, President Donald Trump’s team is more interested in playing nice than playing war. Who knew? π
As of now, the probability that the U.S. will strike Iran by June 30 is sitting at a comfy 46%, down from a dramatic high of 66.9%. Talk about a rollercoaster of emotions! π’
This drop follows a juicy report from Axios that the U.S. is considering a meeting this week between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi. The goal? To explore a diplomatic initiative that might involve a nuclear deal and a ceasefire in the Israel-Iran soap opera. πΊ
But wait! One Polymarket user chimed in with, “Trump should join the fray: his troops need the experience in postpostmodern warfare.” Because who doesn’t want to throw a little chaos into the mix? π€·ββοΈ
Meanwhile, on Friday, Israel decided to spice things up with coordinated airstrikes and drone attacks on Iranian military and nuclear sites. Because why not? Retaliation from Tehran was, of course, expected. π₯
Bitcoin had a little freak-out moment, dropping to $102,750, as traditional markets showed their risk-averse side. The Japanese yen was like, “Hold my beer,” while U.S. stocks took a little nap. π€
However, BTC has since pulled itself together, trading at $106,700 at press time. But futures tied to the S&P 500? They’re still feeling a bit under the weather, down 0.7%. π€
And just a reminder: the Trump administration hasn’t officially commented on the Axios report yet. In a late Monday post on Truth Social, Trump reiterated that Iran cannot have a nuclear weapon. Because nothing says “diplomacy” like a good old-fashioned ultimatum! π¨
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2025-06-17 12:27