Bitcoin shoots above $72,000 as optimism grows over Middle East ceasefire
CoinDesk·1h ago·Positivity
What Happened
Bitcoin surged above $72,300, up 3% after Israeli Prime Minister Benjamin Netanyahu announced cabinet negotiations with Lebanon. President Trump reportedly requested Netanyahu reduce bombing to preserve Monday's ceasefire agreement. U.S. stocks reversed early losses with Nasdaq gaining 0.65%. Ethereum, Solana, and XRP rose less than 1%. WTI crude oil pulled back to $98.60 from $103. Bitcoin outperformed tech stocks this month, up 9% versus software ETF down 12%.
Key Entities
BitcoinBenjamin NetanyahuDonald TrumpLebanonEthereumWTI crude oilNasdaq