Trump claims the war is about to end, Bitcoin breaks through the $70,000 mark
Affected by the latest developments in the Middle East situation, Bitcoin's price has once again risen above $70,000 today.
At the same time, crude oil prices have stabilized, and gold and the S&P 500 index have risen in tandem, suggesting a significant shift in market sentiment.
Analysts believe that Trump's recent remarks on the war situation and the Strait of Hormuz, implying that the war is essentially over, could become a turning point for the market.
This statement coincides with Iran electing its new president, Mojtaba Khamenei, who is the second son of the late Iranian president Ali Khamenei, who died in this military conflict. Trump bluntly stated, "This is a huge mistake."
Trump also mentioned that the U.S. is considering controlling the Strait of Hormuz, which has been closed for several days, to ensure the normal passage of global goods, especially oil transport.
Meanwhile, countries such as the UAE and Turkey continue to intercept drones and missiles from Iran, and regional tensions are still dynamically evolving.
As a result, WTI crude oil surged to $120 yesterday before quickly falling back, currently around $85. Gold has climbed to $5,180, and the S&P 500 index has also risen to around 6,800 points.
As of now, Bitcoin's price on the Binance exchange has risen above $70,500, Ethereum has broken through $2,060, and SOL has also reached $85.