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Bitcoin holds above $67,700 as Trump signals potential end to US-Iran war amid Strait of Hormuz tensions.

Market News
31 Mar 2026
Tokenpost
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Neutral
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Bitcoin stayed steady above $67,700 following reports that former President Donald Trump privately indicated a willingness to end the US-Iran conflict within four to six weeks, even if the Strait of Hormuz remains closed. This news caused Bitcoin to briefly spike above $68,000 and increased trading volume by 40%. The US administration prioritizes weakening Iran's military capabilities over reopening the strait, while regional tensions remain high after Iran attacked a Kuwaiti oil tanker. Investors are watching upcoming economic data closely as geopolitical risks continue to influence Bitcoin, oil, and gold markets.

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