Trump Declares Iran Conflict Terminated, Bitcoin Surges 2.5% to $78,300 in Risk-On Rally

Bitcoin jumped 2.5% to $78,300 on May 1 after President Trump announced the U.S.-Iran conflict 'terminated,' sparking a risk-on rebound with Nasdaq at record highs and oil easing from $125/bbl peaks. Amid escalating tensions—including Hormuz Strait disruptions, stalled talks, hawkish Fed split, and $290M liquidations—BTC held resilient above $75,000, dipping to $75,337 on April 30 despite oil shocks. Whales accumulated over 40,000 BTC in prior weeks, outperforming gold and S&P 500 since February war start, fueled by April 8 ceasefire hopes lifting prices to $72,841.