Bitcoin continued to experience sharp volatility as it rose to a multi day high near 69,000 dollars after falling to around 66,000 dollars just a day earlier.
The latest upward move came as reports emerged from the White House indicating that Donald Trump is expected to deliver a major update on the ongoing conflict involving Iran later today.
While details of the announcement remain limited, speculation has intensified due to conflicting signals in recent days.
Earlier, Trump was said to be open to ending the conflict even if the Strait of Hormuz remains closed. In contrast, reporting from The Wall Street Journal suggested that several Gulf region countries are urging the United States to continue military action, with the United Arab Emirates reportedly preparing to assist in reopening the waterway by force.
At the same time, Masoud Pezeshkian has stated that Iran is willing to end the conflict if certain guarantees are met. Meanwhile, European nations such as Spain, Italy, and France have denied providing military support to the United States.
Bitcoin’s price has reflected the uncertainty surrounding these developments. It fell to around 65,000 dollars on Monday, marking a monthly low, then rebounded to about 68,400 dollars on Tuesday before dropping again to 66,000 dollars. Following the latest news, the asset surged once more, approaching 68,800 dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
