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Trump Halt Sends Bitcoin Surging to $64,500

Guavy AI Editorial Team
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BTC SHIB
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Bitcoin's price briefly surged to $64,500 on Saturday evening after US President Donald Trump halted planned attacks on Iran. This move sparked a modest market-wide rally before Bitcoin retreated slightly.

The altcoin market saw significant gains, with Shiba Inu leading the way at over 35%. Larger-cap altcoins also posted smaller gains, indicating short-term risk-on sentiment across crypto markets.

Bitcoin's price climb was not unique to cryptocurrency markets. The news of Trump halting attacks on Iran sent shockwaves through global financial markets, with stocks and other assets experiencing a brief rally.

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