Trump vs Iran (Bitcoin Pays the Price) artwork

Trump vs Iran (Bitcoin Pays the Price)

Discover Crypto

July 8, 2026

Before you panic sell, here's what the escalating Trump vs Iran tensions could mean for Bitcoin, crypto, and the broader financial markets. We break down the latest crypto news, how geopolitical conflict is impacting BTC, and which altcoins could outperform if volatility continues.
Speakers: TJ, Drew, CJ
**TJ** (0:00)
And we're live. Welcome back to Discover Crypto. My name is TJ. And today it is bombs away for Trump and bombs away for your portfolio. We've got more price action going Bitcoin, pulling back on the 24 hour only a couple of percent. So it's not too bad, but joined here with drew super special day today. We're going to get into the price action here in a minute, but we also have our kickoff with our school community happening at 1 p.m. today. That's going to be a lot of fun already incredible community going on in there. Great questions. And we're happy to finally have a really good place where we can get to know you guys better. Understand your portfolios, understand where you guys are at. We've used discord in the past school is way better already seeing good stuff. And even community members saying this is a thousand times better. So if you guys aren't in there yet, jump in.
But yeah, it's going to be a good show today, drew. We've got Trump waking up and choosing violence yet again. I think what did you say? Got America. US got booted out of the World Cup. He got bored and decided to go back to bombing Iran. I guess here we are.

**Drew** (1:06)
Absolutely. You know, we lost at soccer, so it's back to bombing Iran. Bitcoin paying the price in the short term, sitting right around sixty one thousand eight hundred dollars as things sit right now.
And just a quick write up on what we're seeing here is oil is soaring on the news. We have a live market look. And he's also chosen violence against Spain in word sense out of the NATO summit yesterday in Turkey. First, I'll read up on this Trump debacle here. Trump says Iran ceasefire is over. Bitcoin slipped, obviously, and he said Wednesday the fragile ceasefire recently reached with Iran is over after the two nations exchanged air strikes, injected renewed geopolitical uncertainty in financial markets. Now, the memorandum of understanding and the ceasefire with Iran, obviously, that's good. Trump seems to be at the end of his rope. He did do an interview about this specific subject that we got to take a listen to. Yeah, school is 10 times better. If you guys aren't in on school, we have our kickoff today at 1 p.m. Eastern Standard Time. So get in, we have the link down in the description, the school. And honestly, another thing, TJ, that I really liked about school is that I can make a very specified video about any subject matter that has a long write up.
It's hard to describe, it's almost like a thread, but longer information post, really in depth post, but then a video to go on top of every single kind of main thought that I come across in crypto, which I really think is quite cool. Now, I wanna dive into Trump's message that he delivered. It's not looking good, it's not looking peaceful. This is Trump talking at the NATO Summit yesterday when reporters pushed him for an answer on this Iran debacle.

**TJ** (3:04)
Oh, I don't hear it. You just tested it, but I don't hear it.

**Drew** (3:07)
Here, I'll read, maybe, I don't know why. Oh, there we go. Here we go. I got it fixed. Is the ceasefire over?

**SPEAKER_3** (3:14)
Is the ceasefire done? Is the MOU dead?

**TJ** (3:18)
It's a very interesting question.

**SPEAKER_3** (3:21)
To me, I think it's over.

**Drew** (3:24)
I don't wanna deal with them anymore.

**CJ** (3:25)
They're scum.

**Drew** (3:26)
You know what scum is?

**CJ** (3:27)
They're scum. They're sick people. They're led by sick people.
And they're vicious, violent people.

**SPEAKER_3** (3:34)
And if they had a nuclear weapon, they'd use it.

**CJ** (3:37)
As far as I'm concerned, it's over. I'll speak to our negotiators.

**SPEAKER_3** (3:40)
They wanna negotiate.

**CJ** (3:41)
They're good people. Steve Woodcoff, Jared Kushner.

**SPEAKER_3** (3:45)
But they have to come back to me.

**CJ** (3:47)
As far as I'm concerned, it's just a waste of time dealing with them.

**Drew** (3:50)
They're liars.

**TJ** (3:52)
We make a deal.
And if I make a deal with him, we have a deal and he goes out, he talks. We make a deal. Everyone's agreed.

**CJ** (3:59)
No nuclear weapon.

**SPEAKER_3** (4:01)
We make a deal.

**TJ** (4:02)
They go outside, talk to the press.

**CJ** (4:03)
They say we never even talked about it.

**SPEAKER_3** (4:05)
There's something wrong with them.

**Drew** (4:06)
They're cuckoo.

**TJ** (4:09)
As far as I'm concerned.

**Drew** (4:10)
He seems like a unhinged grandpa slash great uncle at this point that's reached the end of his rope. And negotiations obviously with Witkoff and Kushner ongoing. Great people, friend of the channel, of course.

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