What to know:
- Odds of a U.S. military strike against Iran have plummeted below 50% on Polymarket. 🎢
- 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! 🤝
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? 🙄
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! 🎢
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. 📺
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? 🤷♀️
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. 💥
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. 💤
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%. 🤒
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! 🚨
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2025-06-17 12:27