Bitcoin Could Turn Green as Trump Halts Iran Strike on Gulf Allies’ Plea
BeInCrypto
Bitcoin rebounded toward $77,000 after Donald Trump paused a planned military strike on Iran following requests from Gulf allies.Summary
Bitcoin recovered toward the $77,000 mark after President Donald Trump announced a halt to a planned military strike on Iran. This decision followed intervention from the leaders of Saudi Arabia, Qatar, and the UAE, who requested time for negotiations to prevent a nuclear-armed Iran. The market relief triggered a broader "risk-on" sentiment, boosting the S&P 500, Nasdaq 100, and gold, as investors shifted away from the panic caused by weekend geopolitical tensions.
(Source：BeInCrypto)