Bitcoin (CRYPTO: BTC) momentum is building toward the critical $80,000 supply zone as Donald Trump announced an extension of the ceasefire with Iran, easing immediate fears around its scheduled expiry and giving negotiators more time.
Ceasefire Extended, But Tensions Persist
However, the relief remains fragile.
Iranian officials pushed back, criticizing the U.S. for continuing its blockade of Iranian ports and maintaining pressure in the Strait of Hormuz.
Trump blamed the earlier breakdown in talks on what he described as a “seriously fractured” leadership structure in Tehran.
He added that the U.S. would hold off on fresh attacks for now, but the maritime blockade will stay in place.
Markets Sniff Out Trump’s Endgame
Markets …