Risk Assets Rise After Trump’s “Project Freedom”
Risk assets, including crypto, moved higher after an announcement from Donald Trump.
Market data shows oil prices dipped slightly. Brent crude fell 0.16% to $108 per barrel, while WTI dropped 0.29% to $101.
In crypto, Bitcoin briefly hit $80,000 before easing to $79,715 at the time of writing. It is up about 1.9% in the past 24 hours.
On Sunday, Trump announced “Project Freedom,” an operation aimed at helping neutral foreign ships leave the Strait of Hormuz. Many vessels have been stuck there due to rising tensions between the US and Iran.
The operation is set to start Monday morning Middle East time. Trump described it as a humanitarian effort but warned that any interference would be met with force.
Following the announcement, United States Central Command (CENTCOM) confirmed it will deploy warships, over 100 aircraft, drones, and around 15,000 troops to support the mission. The goal is to ensure safe passage for commercial ships through this key global trade route.
Trump also said his team is having “very positive” talks with Iran and hopes for a good outcome.
However, Iran responded differently. Senior lawmaker Ebrahim Azizi warned that any US action in the Strait of Hormuz could be seen as a violation of the ceasefire.
For now, markets—including crypto investors—are watching closely. Assets like Bitcoin, stocks, and oil are highly sensitive to geopolitical developments.
If tensions rise, crypto markets could become more volatile. But if diplomacy improves, risk assets like Bitcoin may continue to gain.
