Donald Trump’s statement provokes bitcoin’s growth to $ 71,000

The cryptocurrency market surged after US President Donald Trump announced progress in negotiations with Iran. Bitcoin BTC $70,614.56 Mezo Wrapped BTC 1.61% Market capitalization $41.66 million VOL. 24 hours $1.42 billion rose above $ 71,000, demonstrating a reaction to political signals.

Trump said on Truth Social that Washington and Tehran had «very good and productive talks» and ordered a five-day delay in any military strikes on Iran’s energy infrastructure. This was a key factor in the short-term optimism on the market.

However, the Iranian Fars News Agency, affiliated with the IRGC, stated that «there was no direct or indirect contact with Donald Trump.» According to the source, the American president «backed down after hearing that all power plants in West Asia would be our targets.»

At the time of writing, the price of bitcoin was $ 70,964, according to TradingView. Analysts emphasize that the protracted conflict between the United States and Iran could have a long-term positive effect on cryptocurrencies due to rising military spending, pressure on the dollar, and a possible Fed rate cut.

Experts also note a change in bitcoin’s behavior: amid geopolitical tensions, it is beginning to play the role of a «protective» asset, which emphasizes its new status in the global financial system.