Bitcoin Up 2.3% After Trump Rejects Iran Peace Offer
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- Bitcoin rose 2.3% after President Trump labeled Iran’s peace proposal “totally unacceptable”.
- Crude oil prices jumped 4.6% to $98.7 per barrel following Trump’s remarks on the Iran conflict.
- S&P 500 futures rose 0.13% in the two hours after Trump’s post.
- Bitcoin has climbed 29.7% since the US‑Iran war began on Feb. 28, outpacing the S&P 500 and gold.
- Senate actions—Kevin Warsh’s Fed chair confirmation vote on Monday and the CLARITY Act markup on Thursday—are seen as bullish for Bitcoin, according to 10x Research CEO Markus Thielen.
Why it matters: Bitcoin investors capture a 2.3% rally and a 29.7% gain since Feb. 28, while oil traders profit from a 4.6% price jump; Senate’s Fed chair and CLARITY Act actions promise regulatory certainty that draw more institutional capital into crypto.
