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Crypto

Bitcoin Surges Past $78K Amid US-Iran Deal Uncertainty

Guavy AI Editorial Team
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BTC
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Bitcoin made a surprise move on Tuesday, jumping above $78,000 as traders reacted to mixed signals from President Trump and Iran regarding a potential US-Iran agreement. The price of Bitcoin surged past $78,000, reaching an intraday high of $78,940, before settling back down.

The rebound coincided with a recovery in U.S. equities, despite ongoing geopolitical tensions and high oil prices near $103-$108 per barrel. While Trump suggested Iran was eager for a deal, Iranian media denied this, maintaining uncertainty.

The situation remains volatile due to continued Middle East conflicts and disruptions in global energy markets, keeping investors cautious about Bitcoin's next moves.

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