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Market Shock: Decrypt: Bitcoin Surges Past $78K as Trump Extends Ceasefire

created: Apr 22, 2026, 01:02 PM
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Bitcoin has surpassed $78,000, reaching its highest level in 11 weeks. This increase follows President Trump's announcement to extend the Iran ceasefire indefinitely.

Bitcoin climbed above $78,000 on Wednesday morning, marking an 11-week high. This surge coincided with President Trump's decision to extend the Iran ceasefire indefinitely, reversing his previous statement about its expiration.