Bitcoin surged to its highest level since February — Bloomberg
The price of Bitcoin surged, reaching its highest level since early February following U.S. President Donald Trump’s announcement that the ceasefire with Iran would be extended.
This decision significantly boosted global investor confidence and triggered positive momentum in digital asset markets.
According to Bloomberg, the price of the world’s most popular cryptocurrency rose by 3.6%. During the trading session, the price briefly exceeded $78,400—a record high for the past 11 weeks.
The positive sentiment extended not only to the cryptocurrency sector but also to traditional financial markets.
S&P 500 index futures rose by more than 0.5%, while the price of Brent crude oil fell by 1.8%, dropping below $97 per barrel.
Market analysis indicates that Bitcoin is currently weathering this period of geopolitical instability much more steadily than other assets.
Even the traditional “safe haven”—gold—is performing worse amid the conflict.
Since February 27, the precious metal has lost about 10% of its value. At the same time, the leading digital currency has shown the opposite trend, gaining over 15% in value.
Experts note that the crypto market has become less vulnerable to external stimuli. The market is demonstrating the ability to ignore negative news, focusing instead on opportunities to further strengthen its position.
Orbit Markets co-founder Caroline Moron commented on the current situation: “In recent weeks, the crypto market has often ignored negative news and risen on positive developments. The $75,000 level should act as solid support, and a confident break above $80,000 will unlock significant potential for further growth.”
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