Bitcoin Price Jumps As Donald Trump Claims It’s “Time for Peace”
Highlights
- Bitcoin surged over 4.5% after Trump’s de-escalation message on Iran.
- Crypto markets rebounded swiftly as fears of wider conflict eased.
- CZ says only strong coins will hit new highs amid market recovery.
Bitcoin price has showed strong recovery on Monday following sharp weekend dips, after US President Donald Trump made a public call for de-escalation in the Middle East. His post on Truth Social declared that the situation with Iran may be stabilizing and that the U.S. had effectively countered the threat.
His comments came shortly after Iran launched missiles toward several U.S. military bases in the Middle East. The attacks followed reported U.S. strikes on Iranian nuclear facilities. While markets initially reacted with fear, Trump’s statement encouraged a swift rebound across digital asset markets, particularly Bitcoin.
Middle East Conflict Sparks Market Panic
Tensions between the United States and Iran grew over the weekend after missile launches were reported from Iran toward U.S. military bases in Iraq, Qatar, and nearby areas. Iran’s military actions came in response to what it described as an attack on its nuclear infrastructure by the U.S.
Several sources confirmed that a total of 14 missiles were launched by Iran. According to Donald Trump’s post, 13 were intercepted and one was allowed to continue because it was not on a threatening trajectory. No American lives were lost, and reports suggested minimal damage.
The U.S. response, as noted by Trump, was strategic and aimed at preventing further conflict. His comments hinted at readiness for peace while urging regional players, including Israel, to pursue the same path. Trump wrote,
“Perhaps Iran can now proceed to Peace and Harmony in the Region, and I will enthusiastically encourage Israel to do the same.”
Bitcoin Drops Then Rebounds on Iran Attacks
The rising geopolitical tension caused large sell-offs in cryptocurrency markets. Bitcoin, which had been trading above $103,000 earlier in the week, fell below the $100,000 level for the second time in two days. Investors sought safety in less volatile assets amid concerns about the situation in the Middle East.
However, Bitcoin’s price rebounded strongly after Trump’s message circulated on social platforms. Within an hour of his post, Bitcoin price rose by over 4.5%, returning to trade at $103,892.
According to Santiment, “bases” and “Iran” trended widely on crypto-focused forums and social media platforms as users tried to assess the situation’s effect on markets. Analysts pointed out that a reduced threat of military confrontation may support risk assets in the short term.
Donald Trump Peace Statement Calms Investors
Donald Trump’s post emphasized that the U.S. had prepared for the missile attacks and managed to avoid casualties. His comment that Iran gave early notice was seen as an encouraging sign by market participants. Trump wrote,
“I want to thank Iran for giving us early notice, which made it possible for no lives to be lost.”
This sentiment led to renewed optimism among investors with the crypto markets quickly responding to what many saw as a sign that hostilities might pause. Meanwhile, former Binance CEO Changpeng Zhao, CZ, addressed the current market situation in a recent statement. He said that price movements seen now should be viewed in a long-term context.
“Everything before the next all-time high has to be viewed as a dip by definition,” Zhao noted.
He also addressed a common concern in the market, questioning whether Bitcoin and other top cryptocurrencies will reach new highs. “Only a small number of strong coins will do that. Look for long-term staying power and growth potential,” Zhao added.
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