Bitcoin Rises on Optimism Over Trump’s Extended Iran Ceasefire

Bitcoin Rises on Optimism Over Trump’s Extended Iran Ceasefire

Bitcoin jumped along with equities on Wednesday after President Donald Trump said he would extend a ceasefire with Iran, bolstering market confidence.

The original cryptocurrency rose as much as 2.7%, trading around $77,500 at 1 p.m. in Singapore. It was the highest price since Friday, when the token touched a two-month high of $78,344. Other cryptoassets also advanced, with Ether up as much as 2.8%.

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