Cramer Says Iran, Fed, And Trump Are Whipsawing Wall Street And Bitcoin

Wall Street logged a third straight losing session Tuesday as fresh U.S. strikes on Iran lifted oil and pushed Bitcoin briefly below $77,000, CNBC’s Jim Cramer said three forces are driving volatility. According to BeInCrypto, the factors are renewed Iran tensions near the Strait of Hormuz, a hawkish Federal Reserve chair and President Donald Trump, while the Dow fell 419 points, the Nasdaq dropped 1% and the 10-year Treasury yield rose to 4.79%.