Price #البيتكوين reacts sharply
In the wake of the 12-day war that inflamed tensions in the Middle East, a historic development occurred on both the Israeli and Iranian fronts.
U.S. President Donald Trump announced that Israel and Iran have agreed to a comprehensive ceasefire, which will take effect within 6 hours.
Trump stated in a post on Truth Social: 'A complete and final ceasefire has been agreed upon between Israel and Iran. A temporary ceasefire will be implemented for 12 hours, after which an official announcement will be made regarding the end of the war.' According to the agreement, Iran will be the first to initiate the ceasefire, and Israel will join it after 12 hours. At the end of 24 hours, an official announcement will be made regarding the end of the 12-day war.
Trump also stated that the ceasefire will be peaceful and based on mutual respect between the parties.
Before this ceasefire announcement, an important development occurred that heightened tensions in the region. Iran launched a limited missile attack on Al Udeid Air Base in Qatar in response to the U.S. bombing of nuclear facilities in Iran. Reports indicated that the U.S. was informed prior to the attack, and there were no casualties. Trump assessed this attack as a 'very weak response,' saying, 'More importantly, they have now expressed their anger. I hope there will be no more hatred.'
Qatar described the attack as a clear violation of its sovereignty, airspace, and international law. Qatari officials stated that almost all missiles were intercepted, and only one missile reached its target, but it is still unclear whether the missile caused any damage.
In Iranian statements, it was mentioned that the attack was equivalent to the number of bombs dropped by the U.S. on Iran, and that a base outside of civilian areas was targeted. These statements indicated that the Tehran administration does not want to escalate tensions with Washington.
Following these developments, the price of Bitcoin surged unexpectedly.
A graph showing the rise in Bitcoin price after the ceasefire announcement.
*This is not investment advice.
#IsraelIranConflict #ScalpingStrategy #SaylorBTCPurchase #USNationalDebt
