This post was originally published on Coinspeaker
Bitcoin price traded at $77,541 on Wednesday morning, up +2.2% over 24 hours and +4.3% on the week, after President Trump announced an indefinite extension of the Iran ceasefire and Strategy disclosed a $2.54 billion BTC acquisition – its largest single purchase in 17 months. The two catalysts arrived in close sequence, compressing what had been 46 days of funding rate suppression into a sharp repricing across crypto markets and traditional equities alike.
Fox News reports on Iran and Israel ceasefire agreement.
The analytical question is no longer whether Bitcoin can sustain a move above $75,000; it is whether the current $77,500 print reflects durable demand or a mechanical relief trade that exhausts itself before the $80,000 threshold becomes testable. Those are structurally different outcomes, and the data available Wednesday morning does not yet settle the question cleanly.
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Cross-Asset Transmission: Reduced Trump Hormuz Risk Flows Through Oil Into Risk Appetite like Bitcoin
The transmission mechanism here is specific. Trump’s ceasefire extension strategy – framed around what he described as a “seriously fractured” leadership structure in Tehran – removed the immediate probability of resumed strikes while preserving the US
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