Trump's Comments Send Bitcoin Price Soaring Above $78K
Bitcoin price surged above $78K as traders reacted to conflicting signals from President Donald Trump and Iran over the ongoing US-Iran war. The Bitcoin rebound accelerated during U.S. trading hours after Trump said Iran was interested in reaching an agreement and Washington remained open to negotiations.
In a Truth Social post, the president claimed Tehran wanted 'a deal, as quickly as possible, as badly as possible.'
Despite continued geopolitical uncertainty and elevated oil prices, BTC recovered alongside U.S. equities, reaching an intraday high of $78,940.
The move above $78,000 shows renewed risk appetite, but Bitcoin could remain volatile as traders monitor diplomatic developments, oil prices, and further escalation in the Middle East.