Ceasefire Drama Escalates—Trump Points Finger At Iran, Bitcoin In Focus
Iran’s Foreign Ministry came out swinging on Sunday, accusing the United States of committing war crimes through what it described as an unlawful naval blockade — a charge that landed just hours after US President Donald Trump accused Tehran of firing in the Strait of Hormuz and breaking the terms of an active ceasefire. Related […]
Related News
US President Donald Trump took to Truth Social to announce that the Strait of Hormuz is now fully open for passage — a declaration that came hours after Iran’s Foreign Minister, Abbas Araghchi, confirmed the waterway would be unblocked for all commercial vessels during the remaining period of the US-Iran ceasefire. Related Reading: Bitcoin, Ethereum Trading Expands As Charles Schwab Enters Crypto Market Trump Weighs In As Bitcoin Climbs Bitcoin reacted fast. The leading cryptocurrency jumped sharply after Araghchi’s announcement and rose above $77,000 — its highest mark since....
Bitcoin moved back above $72,000 after US President Donald Trump said he would pause military action against Iran for two weeks, a shift that quickly eased pressure across markets. Related Reading: North Korean Agents Have Been Inside DeFi For Nearly A Decade, Researcher Says The move came after days of rising tension and landed just […]
Bitcoin (BTC) surged Tuesday evening after President Donald Trump announced a temporary ceasefire with Iran, a move that sent the largest cryptocurrency higher and sparked a broader market repricing. Following Trump’s announcement, Bitcoin jumped nearly 5% and traded around $72,174 at the time of writing. Crypto market capitalization climbed from roughly $2.3 trillion to about $2.43 trillion as investors poured back into risk assets, while oil prices tumbled on the de‑escalation in the Middle East. Ceasefire Sparks Bitcoin Demand In his post, Trump said he had agreed to suspend strikes on....
Bitcoin traders are already betting the wider US-Iran ceasefire will hold. Data from prediction market Polymarket puts the odds of a permanent peace deal by April 22 at 23%. Related Reading: Bitcoin Rally Faces First Test At $76K As Sellers Step In: Analysts Markets React To Diplomatic Breakthrough That confidence is showing up in Bitcoin’s price. The world’s largest cryptocurrency climbed to $74,650 on Thursday, bouncing back from an intraday low of around $73,050, according to TradingView data. The move came within hours of US President Donald Trump announcing a 10-day....
Bitcoin has climbed back above $75,000 as easing Middle East tensions helped reduce risk appetite and led to inflows into the crypto industry. A 10-day ceasefire linked to the Israel-Lebanon front and Iran’s declaration that the Strait of Hormuz is open to commercial shipping all helped cool oil prices and improve sentiment across stocks and […]