Trump Iran nuclear pledge lifts Bitcoin to $74K after Kuwait attack

Bitcoin has rebounded to $74,000 after President Trump announced that Iran agreed not to develop or acquire nuclear weapons. The rally reverses an earlier plunge below $73,000 triggered by an Iranian missile strike on Kuwait’s Ali Al Salem Air Base that injured five Americans and destroyed two MQ-9 drones. Traders are pricing in reduced geopolitical risk following the April 7 ceasefire, the reopening of the Strait of Hormuz, and a U.S. Treasury seizure of $1 billion in Iranian crypto holdings, though gains remain contingent on final compliance.