Bitcoin Reaches $78,000 as Trump Extends Iran Ceasefire Indefinitely
Bitcoin surged to $78,300, its highest level in 11 weeks, following President Trump's announcement to extend the Iran ceasefire indefinitely. The move led to a 2.2% rise in BTC over 24 hours and $240 million in short liquidations. The ceasefire extension was attributed to Iran's fractured government and stalled negotiations.
Topics: Bitcoin Ceasefire Cryptocurrency ETFs Market Reaction Trump