#IsraelIranConflict
"The war is over," Trump wrote and shot up the price of bitcoin.
Israel and Iran will cease hostilities in the next 6 hours, according to Trump.
It has been completely and definitively agreed between Israel and Iran that there will be a total and complete ceasefire," wrote the President of the United States, Donald Trump, on his Truth Social account. Immediately, the price of bitcoin (BTC) reacted upwards.
The US leader detailed that the cessation of hostilities will begin "in approximately 6 hours, when Israel and Iran have completed their ongoing final missions." Once that happens — Trump explains — "it will be considered that the war is over."
The price of bitcoin, which, as CriptoNoticias had shown, was affected by the military conflict that caused uncertainty among investors, has risen above 106,000 dollars, as can be seen in the image below:
With the war in the Middle East seemingly in the past, the market will now be attentive again to news in the "tariff war" and possible cuts in interest rates. In addition to this, there is the growing institutional and corporate adoption of bitcoin as a store of value, which exerts constant demand pressure on the asset's price.
It is worth clarifying that, according to CNN, an unidentified "high-ranking Iranian official" stated that "Iran has not received any ceasefire proposal and sees no reason for one." This official reportedly said that "Iran will continue to fight until a lasting peace is achieved and will consider the comments from Israel and the United States as 'a deception' intended to justify attacks on Iran's interests."
