Bitcoin Surges Past $79K as Trump Suggests End to Iran War
BTCUSD surged to $79,000 on Monday after US President Donald Trump suggested that the Iran war could be nearing an end.
This led to a decline in oil prices, with Brent crude trading at $105 per barrel and WTI crude above $100 per barrel.
The development also increased the odds of a 25-basis-point Federal Reserve rate hike to over 90%, up from 59.4% a week ago.