Key Points
- The US President announced a complete ceasefire between Israel and Iran.
- On June 24, Bitcoin price surged, surpassing $106,000, amidst market optimism.
On the evening of June 23, the US President Donald Trump made an announcement that was awaited by the entire world – the end of the war between Israel and Iran.
The crypto market reacted positively, and on June 24, it’s up by more than 4%, with Bitcoin reclaiming $106,000.
Trump Announced the End of the Israel-Iran War
The US President, Donald Trump, shared a post via his Truth Social account, congratulating Israel and Iran for the decision to have a complete ceasefire. He said that after the countries have completed their final missions, the war, which he called “the 12-day war,” will be considered ended.
He noted that officially, Iran will start the ceasefire, and upon the 12th hour, Israel will start the ceasefire, officially ending the war. During the ceasefire, both countries should remain peaceful and respectful, Trump wrote.
He also congratulated both countries on having the stamina, courage, and intelligence to end the war that could have gone on for years and destroy the Middle East, but it didn’t, and it never will.
Trump concluded his message with the following words: “God bless Israel, God bless Iran, God bless the Middle East, God bless the USA, and God bless the world!”
In another message, Trump also said that the world and the entire Middle East are the real winners, and both nations will see tremendous love, peace, and prosperity in their futures.
He also highlighted that they have so much to gain, yet so much to lose if they stray from the road of righteousness and truth, and their future is unlimited, filled with great promise.
The entire world has been watching the Israel-Iran war, and the news brings optimism to everyone. The crypto market also reacted positively, with Bitcoin price surging.
Bitcoin Trades Above $105,000
At the moment of writing this article, BTC is trading above $105,000, up by more than 3.4% in the past 24 hours.
BTC price surged from $100,000 on June 23, briefly surpassing $106,000 on June 24, pushed upwards by the latest injection of optimism in the market following Trump’s announcement, and other factors, including rising global adoption, continued institutional interest, and bullish developments in the ecosystem.
BTC ETFs in the US recorded their 10th consecutive day of inflows on June 23, above $350 million, according to data from SoSoValue.
The crypto market maintains strong optimism amidst the latest world events, which will hopefully bring peace as fast as possible and allow the US to focus more on building and innovating towards a better future for everyone.
