Bitcoin rebounds above $78,000 as Trump-Iran signals keep markets volatile

  • Bitcoin rebounded above $78,000 as markets responded to Trump’s claims about possible Iran negotiations.
  • Bitcoin reached an intraday high of $78,940, while U.S. crude traded near $103 a barrel and Brent near $108.
  • Iranian state media rejected Trump’s claim of a rapid agreement as fighting and pressure on regional energy routes continued.

Bitcoin rebounded above $78,000 during U.S. trading hours, reaching $78,940 as markets assessed conflicting diplomatic claims about the US-Iran war and continued regional fighting. President Donald Trump said Iran was interested in a deal and that Washington was open to negotiations, while Iranian state media rejected the claim that Tehran wanted a rapid agreement. Oil remained near four-month highs, with U.S. crude around $103 a barrel and Brent near $108, despite Trump’s prediction that prices would "fall like a rock" once the conflict ends. Fighting and reported attacks continued to threaten the Strait of Hormuz, Red Sea shipping, oil exports and Saudi infrastructure, while no final agreement or comprehensive peace settlement was confirmed.

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