Bitcoin Could Turn Green as Trump Halts Iran Strike on Gulf Allies’ Plea

Bitcoin rallied toward $77,000 on May 18 after President Trump said he halted a planned US strike on Iran at the request of Gulf leaders, triggering a quick risk-on move across markets. BTC reclaimed above $77,000 (about $76,800 in the report), rising ~0.8% in the hour after the post, while the S&P 500 and Nasdaq 100 ticked higher and spot gold also climbed. The piece notes spot Bitcoin ETFs had recorded over $1 billion in weekly outflows before the announcement, and a sustained pause in hostilities could flip flows and reduce near-term volatility — but market direction will hinge on Tehran’s response and further social posts.