Bitcoin price climbs to $77,500 on Trump ceasefire extension, Strategy's $2.5 billion buy
CoinDesk
Bitcoin rose to $77,541 following a Trump-led ceasefire extension and a massive $2.54 billion BTC purchase by Strategy.Summary
Bitcoin prices reached $77,541 after President Trump extended an Iran ceasefire and the firm Strategy announced a $2.54 billion purchase of 34,164 BTC. This acquisition marks the company's largest since November 2024, placing its total holdings into profit. Market sentiment is bolstered by $1.4 billion in global crypto fund inflows and technical indicators showing Bitcoin holding above the realized price of short-term holders, alongside growing institutional adoption in Japan.
(Source：CoinDesk)