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Bitcoin jumps past $71,000 as Trump pauses Iran strikes, signaling possible ceasefire.

Market News
07 Apr 2026
BeInCrypto
View Source
Bullish
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Bitcoin surged to around $71,500 after US President Donald Trump announced a two-week pause on planned military strikes against Iran, linked to Iran reopening the Strait of Hormuz and ongoing peace talks. This pause followed direct talks with Pakistan's leadership and reflects a potential de-escalation in the conflict, easing market fears. Traders responded positively, pushing Bitcoin up nearly 3% and reducing pressure on risk assets. The two-week pause shifts focus to negotiations, with Tehran submitting a 10-point proposal seen as a basis for peace talks.

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