Trump extends ceasefire as BTC reclaims $75,600

Bitcoin reclaimed the $75,600 level after U.S. President Trump announced an indefinite extension of a ceasefire with Iran, a move that eased near-term geopolitical risk. BTC bounced from a low around $74,821 to retake $75,600, with the broader crypto market reacting positively as investor confidence improved. Analysts view the pause in hostilities and Trump’s willingness to wait for a joint Iranian proposal as supportive for risk assets, and observers noted an increased correlation between geopolitics and crypto momentum. Markets will watch upcoming negotiation developments for further directional cues.