The post Bitcoin Price Rockets To $71,000 As Trump Pauses Iran Strikes appeared on BitcoinEthereumNews.com.

Bitcoin price surged to $71,000 on Monday, rebounding from weekend lows near $67,000, as markets reacted to a sudden shift in geopolitical risk after Donald Trump announced a pause on planned U.S. strikes against Iran. The move, which followed what Trump described as “very good” and “productive” talks with Tehran, triggered a broad relief rally across risk assets.  Bitcoin price rose roughly 5% into the start of the week, reclaiming key technical levels that traders had identified as critical to maintaining bullish momentum. The announcement marked a sharp reversal from escalating rhetoric over the weekend, when Washington had threatened strikes on Iranian energy infrastructure if shipping lanes through the Strait of Hormuz were not fully reopened. That ultimatum had pushed global markets into a defensive posture, with oil spiking and equities sliding. Instead, Trump said via social media that the U.S. would delay any military action for five days, citing ongoing discussions and the possibility of a broader de-escalation. “Very good talks” had taken place over the past 48 hours, he said, raising hopes for an end to hostilities that have destabilized the region for weeks. Iran’s response cast doubt on that narrative. Officials in Tehran denied that any direct dialogue had occurred, describing Trump’s statement as a tactic aimed at lowering energy prices and buying time for potential military planning.  The country has previously warned it would retaliate against energy infrastructure across the Middle East if attacked. JUST IN: Bitcoin pumps above $71,000 following President Trump’s announcement of potentially ending the war with Iran 🚀 pic.twitter.com/VJ6kgG4e71 — Bitcoin Magazine (@BitcoinMagazine) March 23, 2026 Bitcoin price and broader markets respond Despite the conflicting accounts, markets focused on the immediate implication: a pause in escalation. Oil prices dropped sharply on the news, reversing gains tied to fears of supply disruption. Hundreds…

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Filed under: News - @ March 23, 2026 2:28 pm