Bitcoin Climbs as Trump Grants Five Days for Iran Negotiations

Group 1 - Bitcoin rose more than 5% to a high of $71,794 following US President Trump's announcement of talks with Iran, which raised hopes for easing conflict [1] - Bitcoin had previously fluctuated around a two-week low, dropping to $67,371, its lowest since March 9, amid volatility due to the Iran conflict [2] - The crypto market sentiment appears less severe compared to late February, indicating a potential stabilization [3] Group 2 - The initial rise in Bitcoin was linked to Trump's decision to delay strikes on Iranian energy facilities, contributing to a broader rally in risk assets, including a 1.5% gain in the S&P 500 [4] - Analysts suggest that a de-escalation in the Middle East could stabilize markets, leading to oil price stabilization and improved risk sentiment [5] - Iran's parliament speaker dismissed Trump's claims about negotiations as "fake news," indicating ongoing tensions despite the US's optimistic outlook [5]