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Trump Pause Sends Bitcoin Price Above $64,000 Amid Ongoing Diplomacy

Guavy AI Editorial Team
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Bitcoin's price rebounded above $64,000 over the weekend as President Donald Trump paused U.S. strikes on Iran, allowing for continued backchannel diplomacy.

The move came after 13 consecutive nights of American bombing, and Trump stated that the U.S. remained 'locked and loaded' but allowed talks with Tehran to continue.

Despite the reduced military escalation risk, Bitcoin traders still faced geopolitical pressure, which weighed on prices.

ETF outflows and stablecoin weakness added selling pressure, with spot Bitcoin struggling below the $65,000 to $67,000 resistance range.

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