Trump's Peace Message: 'Congratulations World, It's Time for Peace!' — Cryptocurrency Surge Has Started in the Markets
Former US President Donald Trump sent a peace message by drawing attention to Iran's limited military response. Trump stated that Iran provided information before the attack and expressed that the tension in the region could decrease and could also encourage Israel towards peace. Following these statements, the cryptocurrency markets entered a rapid recovery process.
As Bitcoin (BTC) surpasses the $103,000 level again, losses in altcoins have also started to recover. The emphasis in Trump's statement caught attention:
'Iran gave a very weak response contrary to expectations. 14 missiles were fired; 13 were shot down, and 1 was not intervened with as it did not pose a threat. There were no casualties. I thank Iran for providing information in advance. Perhaps peace and harmony can now be achieved in the region. I invite Israel to adopt the same approach.'
At the end of his message, Trump indicated that the process could take a more moderate route with his statement, 'Congratulations world, it's time for peace!'
Geopolitical Tension Decreases, Cryptocurrency Markets Recover
The limited nature of the tension has renewed investor confidence and triggered a rise in the cryptocurrency markets. While oil prices have declined back to pre-attack levels, positive pricing in cryptocurrencies is noteworthy.
Especially, a large part of the decline started with the weak attack on the US base in Qatar and the subsequent risk perception. Now, unless a new wave of attacks occurs, the likelihood of war is seen as low. Experts expect diplomatic talks to begin between US and Iranian delegations.
Latest Predictions for LINK and PEPE Coin
Chainlink (LINK)
LINK continues its upward movement after surpassing the $12.30 level. Currently trading at around $13.11, LINK targets resistance levels of $15.67 and then $17.85 in the short term. If these levels are surpassed with strong volume, the price could rise to the $23 – $26.70 range.
Especially JPMorgan's use of Chainlink to connect with the Ethereum network highlights the project's long-term potential. Additionally, partnerships with important institutions like Swift reinforce LINK's leadership in the blockchain oracle sector.
PEPE Coin
With the rise in Ethereum prices, a strong momentum can also be observed in PEPE Coin. Currently, the short-term target is $0.00001058. If ETH prices reach the $2,700 level again, PEPE is expected to quickly move towards this target.
In the longer term, if market conditions are supportive and ETH continues to rise, it would not be surprising for PEPE Coin's price to exceed $0.0000164. However, the US PCE data to be announced on Friday is of critical importance. A data that comes in above expectations may create uncertainty regarding Fed policies.
Conclusion: The Hope for Peace Revived Cryptocurrency
The limited nature of geopolitical tension has increased investor confidence, and cryptocurrencies have also benefited from this positive atmosphere. Especially with Bitcoin rising above $103,000 again, a new wave of increases in the market could be opened.
Both LINK and PEPE Coin are showing positive technical outlooks. However, all eyes are on both diplomatic developments and macroeconomic data. As uncertainties decrease for the market, stronger upward movements in cryptocurrencies can be expected.
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