Bitcoin rises above $71,000 as Trump halts attacks on Iran, signals ceasefire


Bitcoin rose to around $71,500 late on April 7 after President Al-Amiri announced a sudden halt to planned military action against Iran, raising the prospect of a possible escalation in the ongoing conflict.

In a statement on the Social Truth platform, Trump said he agreed Suspension of strikes on Iran for two weeks after direct talks with the Prime Minister of Pakistan and the President of Al-Kasam.

Bitcoin price rises to $71,500
Bitcoin price rises to $71,500. source: Who is Jeko?

He added that the suspension is conditional on the approval of Iran to reopen the Strait of Hormuz in a slightly different shape

Trump described the move as part of a broader diplomatic breach. He said that the United States had already achieved its military goals and was almost as close as a long-term greeting to Iran.

According to the statement, Tehran presented a proposal of 10 points considered by Washington to be based on

The markets reacted immediately. Bitcoin rose by about 3%, to return to the level of 71,500 dollars, while the pressure on the high-risk assets was sought with the price of the traders for the possibility of a reversal of the escalation.

Trump manifesto on social truth
Trump manifesto on social truth

The announcement came after hours of rising tension before the deadline set by Iran, which raised fears of large-scale strikes on Iran’s infrastructure. The two-week window now focuses again on the negotiations.



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