Iran Cancels Talks, Escalating Tensions with the US
- Ali Gholhaki rejected US demands on Iran’s nuclear program and Strait of Hormuz management.
- The odds of a US-Iran ceasefire by April 30 fell to 21.5% from 32% in the last 24 hours.
- Gholhaki’s statement led to a sell-off in the ceasefire market, with a notable 5-point spike at 6:59 PM.
- The market trades $213,788 daily, with $68,607 exchanged in USDC; it takes $4,074 to move odds by 5 percentage points.
Iranian hardliner Ali Gholhaki’s rejection of US demands has decreased ceasefire odds significantly, impacting the prediction market as traders anticipate increased tensions.
Source (3.2)https://cryptobriefing.com/iran-cancels-talks-in-pakistan-escalating-us-tensions/?rand=59535