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Bitcoin Price Spikes As Trump Delays Strikes Against Iran

HARRISON MILLER
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⚡ Quantum Brief
President Donald Trump delayed planned U.S. military strikes on Iranian energy infrastructure by five days in March 2026, citing unspecified strategic considerations. Bitcoin prices surged immediately after the announcement, reflecting investor flight to decentralized assets amid geopolitical uncertainty and reduced risk of immediate Middle East conflict escalation. Gold futures declined sharply as safe-haven demand waned following the de-escalation, reversing earlier gains tied to fears of regional instability and potential supply chain disruptions. Oil futures also fell as the delayed strikes eased concerns over immediate supply shocks, with traders adjusting positions based on reduced near-term risk to Iranian energy exports. The cryptocurrency rally contrasted with traditional markets, highlighting Bitcoin’s growing role as a hedge against geopolitical volatility during conventional asset pullbacks.
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Bitcoin and cryptocurrency prices spiked Monday after President Donald Trump delayed strikes against Iran's energy infrastructure. The price of bitcoin rebounded above $70,000 after trading under that level throughout the weekend, while oil futures and gold futures slumped. Trump on Monday instructed the Department of Defense to postpone "any and all" military strikes against Iranian power plants and energy infrastructure… Related news Coinbase Stock Scores Weekly Win Even As War-Truce Hopes Dim; Is Coinbase Stock A Buy Now? 4/03/2026 Coinbase stock scores a 6% weekly gain even as hopes of an imminent truce in the U.S.-Iran war dim while... 4/03/2026 Coinbase stock scores a 6% weekly gain even as hopes...

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Source: Investor's Business Daily

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