Bitcoin Reclaims $72K After Trump Announces Iran Ceasefire
Bitcoin’s price climbed back above $72,000 on Tuesday after US President Donald Trump announced he would suspend military action against Iran for two weeks.
Bitcoin’s price climbed back above $72,000 on Tuesday after US President Donald Trump announced he would suspend military action against Iran for two weeks.
Iran’s Bitcoin hashrate dropped sharply amid conflict, but global mining remained stable as capacity shifted elsewhere, said Luxor Technology.
Bitcoin miner selling, stress on digital asset treasuries, and the general risk-off mood among investors are preventing BTC from rallying to new highs.
Bitcoin holds $67,000 as support, which is a sign of accumulation, but BTC’s struggle to overcome $70,000 remains a concern.
Multiple Bitcoin indicators, including a bull-bear sentiment index and a realized price metric, point to a possible final BTC shakeout toward $54,000
US spot Bitcoin ETFs posted $471 million in inflows, the largest since late February, with IBIT leading and Ether ETFs joining the recovery.
Grayscale backed Google’s quantum warning but says Bitcoin faces bigger social and community challenges than technical ones in preparing for quantum threats.
Bitcoin may invalidate its bear flag setup as Strategy buys 46,233 BTC in just over a month, outpacing the 16,200 BTC supply in the same period.
A ceasefire helps stocks but may stall Bitcoin as the need for an alternative hedge decreases.
Bitcoin and select major altcoins such as ETH, BNB, XRP, SOL, DOGE, HYPE, and ADA may struggle to break above their overhead resistance levels.
Strategy disclosed a $329.9 million Bitcoin purchase and reported a $14.46 billion unrealized loss in Q1 as it continued building its holdings.
Samson Mow warns that rushed post-quantum cryptography upgrades could weaken Bitcoin’s security and spark "Blocksize Wars 2.0."
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