Bitcoin made another attempt to break through a key price level after a big jump yesterday, but it stalled at $71,000. News about the conflict in the Middle East then caused the price to fall.
A New York Times report, highlighted by The Kobeissi Letter, indicates that Saudi Prince Mohammed bin Salman urged former President Trump to keep fighting the war in Iran.
According to the report, this military operation is a crucial chance to reshape the region, as Iran is seen as a lasting danger to Gulf states, and the only way to address this threat is to remove its current government.
According to the report, Prince bin Salman reportedly asked President Trump to deploy troops to Iran with the goal of taking control of its energy facilities and overthrowing the current government.
According to the New York Times, Saudi Prince Mohammed bin Salman has been urging President Trump to maintain the conflict with Iran.
Saudi’s Mohammed bin Salman says:
1. The US-Israeli military campaign presents a “historic opportunity” to remake the Middle East
2. Iran poses a…
— The Kobeissi Letter (@KobeissiLetter) March 24, 2026
It’s interesting that this report comes out so soon after President Trump announced an agreement with Iran to temporarily pause any attacks on their facilities for five days.
Despite Iran’s government saying the claims weren’t true, more reports soon surfaced suggesting that discussions had been taking place, possibly with the help of intermediaries.
A new report indicates that Saudi Arabia and the UAE may be getting closer to entering the conflict against Iran, following several attacks by Iranian forces.
Bitcoin’s price jumped yesterday, going from around $68,000 to nearly $72,000, after Trump signaled a more moderate stance. However, it recently fell below $70,000 following news reports about Prince bin Salman.
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2026-03-24 17:28