Trump Rejects Iran Peace Proposal — Bitcoin Breaks $82,000
Bitcoin has now climbed nearly 30% since the US-Iran war began on February 28 — a run that has outpaced both gold and the S&P 500 even as the conflict continues to shake global markets. Related Reading: Tether Ramps Up Wallet Freezes, Blocking Over $500M In USDT A Week Of Potential Catalysts Two events in […]
Related News
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....
Iran told the International Maritime Organization this week that non-hostile ships could pass through the Strait of Hormuz. That single statement was enough to send Bitcoin back above $70,000 — a level it had been struggling to hold as tensions between Washington and Tehran kept traders on edge. Related Reading: Shiba Inu Flirts With $0.0000052 Support As Exchange Supply Swells A Volatile 48 Hours For Bitcoin The ride up was not smooth. For roughly two days, Bitcoin whipsawed as headlines shifted by the hour. US President Donald Trump threatened to bomb Iranian power plants. Then he....
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’s halving clock is ticking toward what analysts call a critical threshold — and the crypto market has bigger problems on its hands right now. Related Reading: XRP Ledger Signals Growth With $1M Unlock And Activity Surge Conflicting Signals From Washington And Tehran Reports indicate that US President Donald Trump described recent contact with Iranian officials as productive, suggesting both sides had found common ground on winding down hostilities. He even floated the idea of Iran sharing control over the Strait of Hormuz and working alongside whoever leads the country after....
Crypto analyst Crypflow has explained what the Bitcoin relief rally above $71,000 means for the leading crypto and hinted that BTC could still drop lower. This came as the analyst alluded to the previous bear markets and how recent rallies are mirroring price action in past cycles. Analyst Warns Relief Rallies Are Getting Weaker Amid Bitcoin’s Rally Above $71,000 In an X post, Crypflow stated that Bitcoin relief rallies are weakening and that every bear market has them. He noted that during the 2014 bear market, BTC saw relief rallies of up to 100% while in 2018, it saw rallies of between....