Bitcoin rises as Trump orders halt to strikes on Iran energy sites
Bitcoin increased after President Trump ordered a five-day postponement of planned military strikes on Iranian energy sites.Summary
Bitcoin experienced a jump after President Donald Trump announced he had directed the Department of War to delay planned military strikes against Iranian power plants and energy infrastructure for five days. This announcement provided relief to risk markets, which had suffered due to escalating conflict in the Middle East, specifically Operation Epic Fury, a US and Israeli campaign launched on February 28, 2026, that resulted in the death of Supreme Leader Ali Khamenei. The conflict caused significant market turbulence, with Bitcoin trading erratically between $66,000 and $76,000. Energy markets were severely impacted, pushing Brent crude up about 60% to over $113 per barrel, leading the International Energy Agency to call it the most severe oil disruption in history. This energy shock caused the Federal Reserve to raise its 2026 inflation forecast to 2.7% and signal a "higher-for-longer" stance on interest rates.
(Source：Crypto Briefing)