Bitcoin rallies 2.3% after Trump calls Iran peace proposal ‘totally unacceptable’
10x Research CEO Markus Thielen said Bitcoin’s strength above $80,000 could be supported by two favorable decisions in the US Senate this week....
Key takeaways
- 1Bitcoin surged 2.3% to $82,347 after Trump rejected Iran's peace proposal as 'totally unacceptable' on Sunday.
- 210x Research CEO identifies two US Senate catalysts this week: Kevin Warsh's Fed chair confirmation and CLARITY Act markup supporting Bitcoin strength above $80,000.
- 3Bitcoin has risen 29.7% since the US-Iran conflict began on February 28, outperforming S&P 500 and gold.
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Why it matters
Geopolitical tensions and regulatory clarity are key drivers for Indian retail investors evaluating Bitcoin's risk-reward; US policy decisions this week could determine whether Bitcoin sustains gains or faces downside toward $70K as inflation concerns persist.
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