Trump's War-End Signal Lifts Bitcoin Past $78K Amid Fed Pause Bets

Bitcoin surged above $78,000 on Thursday after President Donald Trump indicated privately that he favors declaring an end to the Iran war.

The Wall Street Journal reported that Trump has told senior aides he wants to declare victory over Iran, driven by surging oil prices and concerns about escalating tensions ahead of November's midterm elections.

Meanwhile, Federal Reserve Governor Christopher Waller signaled that he would lean towards holding interest rates steady at the September meeting if August inflation data confirms the recent cooling trend.

The two developments combined to give Bitcoin a significant boost, with some trackers placing its price above $81,000 as optimism deepened about a potential end to the conflict.