Trump Announces Two-Week Ceasefire With Iran After Pakistan Mediation, Bitcoin Spikes to $71K

By Jamie Redman

Trump Announces Two-Week Ceasefire With Iran After Pakistan Mediation, Bitcoin Spikes to $71K

President Donald Trump announced a two-week ceasefire with Iran following Pakistan's mediation, suspending planned U.S. military strikes contingent on Iran reopening the Strait of Hormuz to global shipping. Bitcoin surged above $71,000 immediately after the announcement. The development reduced geopolitical tensions, positively impacting the crypto market.

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