Bitcoin breaks the barrier of $ 71,000 after the peace agreement between America and Iran

Money has been stolen Bitcoin The $71,000 barrier, drawing its highest level in almost a month, came after the United States and Iran reached the first agreement to end the war, which caused the risk-adjusted economy to rise together. And the penny went up BTC and 4.5% within 24 hours to $71,500, while the total market value of the crypto rose to $2.5 trillion.

President Trump announced a two-week suspension of military operations against Iran, raising hopes for the reopening of the Strait of Hormuz. While oil prices fell after the news, US stock futures rose. Bitcoin recorded an increase of 6% to $72,700 in early Asian trading, while Ethereum gained 7.4% to $2,270.

UPDATE: President Trump says the US will be "helps with traffic" in the Strait of Hormuz, Iran can "to start renovating," and the US will be "packing and just looking around to make sure everything is going well."

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“Bitcoin jumped this morning on the temporary truce with relief that another rise has been avoided for now,” said Caroline Morrone, co-founder of Orbit Markets.

ETF movements determine this change in risk appetite; Where Bitcoin spot currency attracted attention Total revenue reached $471.3 million on Monday aloneadding to last week’s profit of $22.3 million. This represents a significant change in revenue from nearly $300 million last week, indicating that the company’s sales have fallen sharply. The threat is still there if this threat can be sustained during the two-week peace.

Is this a temporary resurgence, or the beginning of a systemic change?

Can Bitcoin price reach $85,000 now?

Technical preparation looks good; Bitcoin is currently pushing the resistance area between $71,000 and $71,500, which is the area that corresponds to the 200-period Exponential Moving Average (EMA) on the 4-hour frame. The Relative Strength Index (RSI) also showed an upward trend in the 14th period of the move, approaching the 60 level, a historical record that usually leads to a quick retracement.

This is related to the growth of sales; The hacking attempt was accompanied by a 90% jump in sales, and… Elimination of short-term assets worth more than $97 million In just one hour, in the “short squeeze” method, the offer was squeezed simultaneously with the entry of demand.

For BTC, the daily candle that closes above $71,500 in strong trading will support the acceleration to $76,000, with $85,000 as the overall target if the ETF funds continue. At the moment there is a kind of combination of prices between $70,000 and $71,500, the markets are waiting to ensure that the agreement will happen.

However, if the deal breaks down or inflation rates disappoint, a drop below $70,000 could open the door to a return to $65,000-$67,000. As we have seen time and time again, The news of the war caused a lot of volatility in Bitcoin in the past.

The Hyper project aims to lead the second phase with Bitcoin breaking the $71,000 barrier

Bitcoin hitting $71,000 is exciting, but on such a large market, achieving a 20% move would require billions of dollars in new capital. In contrast, the initial projects within the Bitcoin ecosystem work with different accounts, and there is one IPO (Presale) that is attracting a lot of attention.

The project is in good condition Bitcoin Hyper ($HYPER) Bitcoin’s first layer 2 integrates with Solana Virtual Machine (SVM), a combination that provides intelligent contract execution faster than Solana itself, while taking advantage of Bitcoin’s layer of security and trust.

This project directly addresses three limitations of Bitcoin: slow transactions, high costs, and lack of regulation. Decentralized Canonical Bridge facilitates the natural transfer of BTC across regions without the complications of wrapped tokens.

The IPO has already managed to raise more than 32 million The current price of the token is $0.0136782 Only, it’s luck Staking is a high annual return For first time participants. This high demand from the start shows that there is a real need for these technological solutions.

A note Bitcoin breaks the barrier of $ 71,000 after the peace agreement between America and Iran appeared for the first time Cryptonews Arabic.

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