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Bitcoin Surges Past $81,000 Amid Trump's Iran War Consideration

Guavy AI Editorial Team
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BTC
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Bitcoin's price surged past $81,000 following reports that President Trump is considering officially declaring the Iran war over, driven by political pressure ahead of midterm elections.

This development comes as Federal Reserve Governor Christopher Waller signaled a possible pause on interest rate hikes in September due to slowing inflation, adding further support to Bitcoin's rally.

However, oil prices rose to a six-week high near $98 per barrel amid ongoing regional tensions, indicating uncertainty remains. Bitcoin's price stability depends on upcoming inflation data and geopolitical developments.

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