Bitcoin Claws Back $71,000 As US-Iran Truce Talks Shake Markets

Iran told the International Maritime Organization this week that non-hostile ships could pass through the Strait of Hormuz. That single statement was enough to send Bitcoin back above $70,000 — a level it had been struggling to hold as tensions between Washington and Tehran kept traders on edge. Related Reading: Shiba Inu Flirts With $0.0000052 Support As Exchange Supply Swells A Volatile 48 Hours For Bitcoin The ride up was not smooth. For roughly two days, Bitcoin whipsawed as headlines shifted by the hour. US President Donald Trump threatened to bomb Iranian power plants. Then he didn’t. Reports surfaced of possible peace talks. Tehran denied them. Each headline moved the price. By the time Washington’s formal 15-point proposal leaked through regional media, Bitcoin had climbed to $71,100 — up just 0.3% in 24 hours, but the direction mattered more than the number. Announces a Truce to Stop the War with Iran Trump surprises the world with a tweet that flips the table! Pre