Bitcoin (CRYPTO: BTC) is up 3% over the past 24 hours after President Trump announced a 5-day postponement of attacks on Iranian energy infrastructure, following what he called productive talks.
The Geopolitical Catalyst
Trump said in a Truth Social post that the two countries held productive conversations regarding a complete resolution of hostilities in the Middle East.
The five-day hiatus doesn’t end the war as Iran continues to strike targets across the Gulf and Israel would also need to sign up.
Bitcoin, which sank below $68,000 overnight, climbed above $71,000 in early U.S. hours before retreating closer to $70,000 after Fars cited an unidentified source denying any talks between the countries.
Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), Solana (CRYPTO: SOL), and Chainlink (CRYPTO: LINK) all rose as much as 5% over 24 hours before giving back part of …