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Bitcoin Price Rebounds as Trump Calls Off Iran Strikes and Hints at a Deal


Bitcoin Price Rebounds as Trump Calls Off Iran Strikes and Hints at a Deal

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Bitcoin rebounded roughly $1,500 to about $63,500 after slipping to a multi-week low the prior evening. The recovery followed a major de-escalation announced by the POTUS in the US-Iran conflict, easing geopolitical risk and boosting crypto market sentiment with positive implications for price and adoption.

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Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction.

After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced by the POTUS hours ago.

Read the article at CryptoPotato

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$ 63.48K

+0.79%

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In This News

Coins

$ 63.48K

+0.79%

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See what traders are focused on

View analytics →
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