Bitcoin Price Surged to $77K After Trump Signals Major Iran Peace Breakthrough
May 24, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato

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AI Overview
An unexpected announcement by US President Donald Trump that a peace deal may be near eased selling pressure on the crypto market and reversed recent downside risks. Bitcoin erased most Friday and Saturday losses and jumped to about $77,000, a clear positive market impact for crypto token performance and adoption.
Bullish
After a few days of highlighting threats that a peace deal might not be reached soon, which increased the selling pressure on the crypto market, US President Donald Trump announced the opposite hours ago.
The effects were immediate as bitcoin erased almost all Friday and Saturday losses, jumping to $77,000.
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