Will Trump’s 5-Day Pause on Strikes Against Iran Surge Bitcoin and XRP Price?

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Bitcoin and XRP Price Prediction as Trump Announces 5-Day Pause on Strikes Against Iran

Highlights

  • Bitcoin and XRP price consolidate; watch $70K, $1.40 support levels.
  • President Trump pauses strikes; negotiations ease tensions, markets cautious.
  • ETFs record $167M Bitcoin inflows; XRP reaches $1.21B.

Bitcoin price hovered above $ $70k on Wednesday following the crypto market sideways, reflecting renewed market pressure. The broader crypto market surged 0.37%, bringing total capitalization down to $2.44 trillion. XRP price hovered above $1.40 eyeing bullish breakout after President Donald Trump announced 5-Day pause on strikes against Iran. Ethereum, Solana, and Dogecoin also recorded mild corrections.

Prediction as Trump Announces 5-Day Pause on Strikes Against Iran

President Donald Trump announced a five-day pause on planned U.S. military strikes targeting Iranian power plants and energy facilities. He said Washington and Tehran have engaged in productive discussions aimed at ending their hostilities. 

Trump described the recent exchanges as constructive and focused on reaching a comprehensive agreement. He shared the update Monday in a post on his Truth Social platform.

Bitcoin and XRP Price Prediction as Trump Announces 5-Day Pause on Strikes Against Iran
Source: Tweet

Speaking to reporters at a Florida airport, Trump stated that Iran appears ready to negotiate seriously. He noted that American envoys are holding talks with a respected Iranian figure. However, he clarified that discussions do not involve Supreme Leader Mojtaba Khamenei directly. Trump insisted that any final agreement must require Iran to relinquish its enriched uranium stockpile.

He added that reopening the Strait of Hormuz would follow swiftly if a deal is secured. The strategic waterway remains critical for global energy shipments and regional stability. Trump expressed optimism that major sticking points have narrowed during the recent conversations.

Bitcoin Sees $167 Million ETF Inflow as XRP Maintains Strong Cumulative Gains

Bitcoin and XRP Price Prediction as Trump Announces 5-Day Pause on Strikes Against Iran
Source: Sosovalue data

Bitcoin and XRP Price Prediction: Key Levels To Watch

On Wednesday, the Bitcoin and XRP prices remained low, with investors keeping an eye on key technical levels across key cryptocurrencies. Bitcoin traded around the $71,188 level, which was consolidated around the solid resistance level of $71,800.

The fall below the level of $70,000 would increase the selling pressure towards the level of $68,000. Maintaining stability above that mark may instead encourage renewed accumulation from buyers. 

If the Bitcoin long-range prediction rally beyond $75,000 would likely strengthen bullish momentum and target the psychological $80,000 level. 

Bitcoin and XRP Price Prediction as Trump Announces 5-Day Pause on Strikes Against Iran
Source By Tradingview

At the same time, XRP price hovered around $1.41 amid broader market consolidation. If XRP price holds above the $1.40-$1.43 support band may support a rebound toward $1.50. A clear breakdown below that zone could send XRP sliding toward $1.35.

Frequently Asked Questions (FAQs)

1. Is Bitcoin reacting more to geopolitics or ETF flows right now?

Short term, geopolitics drive volatility; medium term, ETF flows shape trend direction.

2. Why didn’t the strike pause trigger a strong crypto rally?

Investors remain cautious until negotiations produce a confirmed agreemet
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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