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Bitcoin heads higher as President Trump announces Iran peace agreement

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Bitcoin heads higher as President Trump announces Iran peace agreement
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Bitcoin prices surged following President Trump's announcement of a peace agreement involving Iran and other Middle Eastern nations. The agreement includes the reopening of the Strait of Hormuz, which is significant for global oil trade. After a decline earlier in the day, Bitcoin rebounded sharply to reach $76,700.

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Original publisherCoinDesk
Canonical URLhttps://www.coindesk.com/markets/2026/05/23/bitcoin-heads-higher-as-president-trump-announces-iran-peace-agreement
Publication timeSat, 23 May 2026 20:52:21 +0000
Retrieval time2026-05-23T21:07:27.737Z
Last seen2026-05-23T21:07:27.737Z
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ClusterkDfWA7awckWj · 3 stories
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Opening excerpt (first ~120 words) tap to expand

MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin heads higher as President Trump announces Iran peace agreement"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon.By Stephen AlpherUpdated May 23, 2026, 8:57 p.m. Published May 23, 2026, 8:52 p.m. 1 min readMake preferred on Bitcoin gains as Trump announces Middle East agreement (Library of Congress on Unsplash/Modified by CoinDesk)What to know: Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries.As part of the deal, Trump said, the Strait…

Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.

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