Crypto edges off of worst levels after Trump extends Iran strike pause

Crypto edges off of worst levels after Trump extends Iran strike pause

Source: CoinDesk

Published:2026-03-26 21:03

BTC Price:$68922.5

#btc #geopolitics #cryptomarket

Analysis

Price Impact

Med

Trump's extension of the iran strike pause provided a brief respite, causing crypto markets to edge up from their worst levels. however, the underlying geopolitical tensions and rising bond yields continue to exert pressure, limiting the magnitude of the recovery.

Trustworthiness

Med

Price Direction

Neutral

While there was a short-term bounce, the recovery was modest. the ongoing concerns about inflation, interest rates, and geopolitical instability suggest that the price direction remains uncertain in the short to medium term. it's a stabilization rather than a strong bullish or bearish trend.

Time Effect

Short

The immediate impact of trump's statement caused a short-term upward correction in crypto prices. however, the market's attention will likely shift back to the ongoing geopolitical situation and economic indicators, suggesting this positive effect may not be sustained.

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Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto edges off of worst levels after Trump extends Iran strike pause It was an ugly day all around in markets as the Iran war has sent oil prices and bond yields surging higher. By Krisztian Sandor | Edited by Stephen Alpher Mar 26, 2026, 9:03 p.m. Make preferred on U.S. President Donald Trump (Photo by Alex Wong/Getty Images) What to know : Bitcoin recovered modestly from earlier losses after U.S. President Donald Trump said he would extend a pause on U.S. attacks against Iran’s energy infrastructure to 10 days. The remarks came following declines across markets on Thursday, with bitcoin tumbling more than 3% and the Nasdaq 2.4%. The war in the Middle East has led not just to sharply higher oil prices but also to a growing selloff in Western bond markets. Bitcoin BTC $ 68,914.42 pared earlier losses Thursday afternoon after U.S. President Donald Trump said he would extend a pause on attacks against Iran’s energy infrastructure. In a Truth Social post , Trump said the pause will now be 10 days, citing ongoing diplomatic talks. "As per Iranian Government request… I am pausing the period of Energy Plant destruction by 10 Days," Trump wrote, adding that the "talks are ongoing" and "they are going very well." The news helped stabilize markets after an ugly Thursday that saw bitcoin slide 3% and the Nasdaq 2.4%, with that tech-heavy index now lower by about 10% since peaking for the year in late January. The surge in oil prices since the breakout of hostilities has garnered most of the headlines, but the selloff in Western bond markets is growing more troublesome. The U.S. 10-year Treasury yield — below 4% just weeks ago — jumped to as high as 4.43% on Thursday, before pulling back to the current 4.41%. Alongside that sharp rise has been not just the vanishing of expectations for Federal Reserve interest rate cuts, but also serious bets that the U.S. central bank will soon hike rates. Similar moves in bond yields and central bank expectations are taking place across Western Europe as well. Nevertheless, the Trump comments sent bitcoin higher by about 1% from its worst levels, and it is now trading just above $69,000. Ether (ETH), XRP (XRP), Solana (SOL) and ADA $ 0.2553 all also rebounded from session lows, though they remained 3%-5% lower over the past 24 hours. Bitcoin News Donald Trump Market Wrap Iran More For You The Definitive Stablecoin Landscape Series: North America By CoinDesk Research 6 hours ago Commissioned by Ripple As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption. Why it matters : Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all. View Full Report More For You Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying By James Van Straten | Edited by Sheldon Reback 1 hour ago Preferred shares recovered in nine days after their ex-dividend drop, enabling further bitcoin accumulation. 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