{"id":95483,"date":"2026-03-23T14:46:53","date_gmt":"2026-03-23T11:46:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95483"},"modified":"2026-03-23T17:11:45","modified_gmt":"2026-03-23T14:11:45","slug":"bitcoin-tops-70000-as-us-pauses-iran-strikes","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-tops-70000-as-us-pauses-iran-strikes\/","title":{"rendered":"Bitcoin tops $70,000 as US pauses Iran strikes"},"content":{"rendered":"<p>The price of the leading cryptocurrency jumped 3.4% to near $71,000. US President Donald Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116278232362967212\">announced<\/a> a five-day pause in strikes on Iran.<\/p>\n<p>At the time of writing, digital gold is trading around $70,900.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984-1024x640.png\" alt=\"image\" class=\"wp-image-277246\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984-1024x640.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984-300x188.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984-768x480.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984-1536x960.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-122531847a0613c1-9482652330506984.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Ether rose 6% to $2,200. BNB, XRP and Solana added 3-4%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"681\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333-1024x681.png\" alt=\"image\" class=\"wp-image-277247\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333-1024x681.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333-300x200.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333-768x511.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333-1536x1022.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-61bb4f19442f6563-9482665980075333.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Liquidations on the crypto market hit $374 million in the past hour and topped $782 million over 24 hours.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"365\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755-1024x365.png\" alt=\"image\" class=\"wp-image-277248\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755-1024x365.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755-300x107.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755-768x273.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755-1536x547.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-9278eb47a008ba2d-9482680170715755.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/liquidations\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<p>Trump wrote that the US and Iran had \u201cvery good and productive talks\u201d on resolving the Middle East conflict.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBased on the nature and tone of these deep, detailed and constructive talks, which will continue this week, I have directed the Department of Defense to postpone strikes on Iranian power plants and energy infrastructure for five days, subject to the success of ongoing meetings and discussions,\u201d the US president added.<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Iran denies Trump\u2019s claim<\/h2>\n<p>US financial commentator Walter Bloomberg, citing Iran\u2019s Tasnim agency, said there were no talks. Tasnim called Trump\u2019s statement \u201cpsychological warfare\u201d.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">*IRAN&#8217;S TASNIM: THERE HAVE BEEN NO TALKS, THERE ARE NO TALKS<\/p>\n<p>*IRAN&#8217;S TASNIM NEWS CALLS TRUMP COMMENT PSYCHOLOGICAL WARFARE<\/p>\n<p>\u2014 *Walter Bloomberg (@DeItaone) <a href=\"https:\/\/twitter.com\/DeItaone\/status\/2036049408022716703?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to <a href=\"https:\/\/www.reuters.com\/world\/iran-war-live-trump-deadline-looms-iran-vows-hit-gulf-power-water-2026-03-23\/\">Reuters<\/a>, Tehran\u2019s Fars agency also denied that discussions had taken place. The reporters added that Israel said it would continue strikes on Iran.<\/p>\n<p>According to the administration of Iranian president Masoud Pezeshkian\u2019s <a href=\"http:\/\/@pezeshkian_com\" title=\"\">Telegram channel<\/a>, the Foreign Ministry clarified that the country is currently negotiating only with Oman on shipping through the Strait of Hormuz.<\/p>\n<p>Omani foreign minister Badr al-Busaidi confirmed his country is \u201cactively working\u201d on the issue, adding:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe initiator of this war is not Iran.\u201d<\/p>\n<\/blockquote>\n<p>On March 21, the US president <a href=\"https:\/\/forklog.com\/en\/news\/scaramucci-calls-bitcoins-plunge-a-routine-cycle-correction\">announced<\/a> the \u201cdestruction\u201d of Iran\u2019s energy infrastructure if the country did not open the Strait of Hormuz to all vessels within 48 hours. In response, Iran\u2019s Revolutionary Guard threatened strikes on Israel\u2019s power plants and on infrastructure at US bases in the Persian Gulf.<\/p>\n<p>The crypto community responded with irony.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Dad, I&#8217;m long $100M. <\/p>\n<p>Tell the market &#8221;Iran and you have good talks.&#8221; <\/p>\n<p>Thanks. <a href=\"https:\/\/t.co\/EWsJwTq2hJ\">pic.twitter.com\/EWsJwTq2hJ<\/a><\/p>\n<p>\u2014 Crypto Rover (@cryptorover) <a href=\"https:\/\/twitter.com\/cryptorover\/status\/2036046699915878614?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cDad, I went long $100 million. Tell the market that you and Iran had good talks. Thanks,\u201d users joke.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Evolution of Trading <a href=\"https:\/\/t.co\/O6V6AXUSFv\">pic.twitter.com\/O6V6AXUSFv<\/a><\/p>\n<p>\u2014 Barchart (@Barchart) <a href=\"https:\/\/twitter.com\/Barchart\/status\/2036044883815977141?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">Stock-market reaction<\/h2>\n<p>Broader markets rose. S&amp;P 500 futures gained almost <a href=\"https:\/\/www.investing.com\/indices\/us-spx-500-futures\">2%<\/a>, forming a \u201cGod candle\u201d on the chart.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">JUST IN \ud83d\udea8: S&amp;P 500 <a href=\"https:\/\/twitter.com\/search?q=%24SPY&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SPY<\/a> God Candle \ud83d\udcc8\ud83d\udcc8\ud83d\udcc8 <a href=\"https:\/\/t.co\/zdJ3uZQwb6\">pic.twitter.com\/zdJ3uZQwb6<\/a><\/p>\n<p>\u2014 Barchart (@Barchart) <a href=\"https:\/\/twitter.com\/Barchart\/status\/2036038884384014839?ref_src=twsrc%5Etfw\">March 23, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Brent crude, however, plunged more than 14% at one point to $96 a barrel, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-23\/oil-futures-tumble-14-after-trump-s-iran-comments\">Bloomberg<\/a> reported. European gas prices fell in tandem.<\/p>\n<p>Gold almost fully erased morning losses, bouncing to <a href=\"https:\/\/goldprice.org\/ru\">$4,440<\/a> per ounce. The DXY dollar index slipped to <a href=\"https:\/\/ru.tradingview.com\/symbols\/TVC-DXY\/\">99.1<\/a>.<\/p>\n<p>On March 23, oil and silver on Hyperliquid <a href=\"https:\/\/forklog.com\/en\/news\/oil-and-silver-perps-on-hyperliquid-eclipse-solana-and-xrp-volumes\">overtook<\/a> Solana and XRP by trading volume.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin jumped 3.4% toward $71,000 after US President Donald Trump announced a five-day pause in strikes on Iran.<\/p>\n","protected":false},"author":1,"featured_media":95484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin nears $71,000 as Trump pauses Iran strikes for five days.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,991,840,26],"class_list":["post-95483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-donald-trump","tag-iran","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"81","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin nears $71,000 as Trump pauses Iran strikes for five days.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95483"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95483\/revisions"}],"predecessor-version":[{"id":95485,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95483\/revisions\/95485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/95484"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}