Bitcoin and XLM Rally as Trump Extends Iran Negotiation Deadline

Bitcoin prices maintained their upward momentum, holding levels above $71,000 after President Donald Trump extended the deadline for diplomatic negotiations with Iran. This extension further fueled a relief rally across the cryptocurrency market, with Stellar (XLM) emerging as a notable gainer, surging 7%. Notably, Bitcoin has outperformed gold by 23% since late February, highlighting a significant shift in investor preference amid geopolitical shifts. During the military strikes on February 28, Bitcoin was trading at $66,000 before eventually climbing to reach $71,794 following the initial negotiation news. The market's positive reaction reflects a broader shift toward risk-on sentiment as geopolitical risks show signs of easing. Investors remain focused on the evolving diplomatic situation, which has become a primary driver of digital asset volatility.

Sources:fortune.comzerohedge.comrareevo.iobitcoinmagazine.comcryptorank.ioindexbox.iomexc.cominvezz.cominquirer.netaxios.compolitico.comal-monitor.comiranintl.comcryptoticker.iocoingape.combusiness.times-online.com247wallst.comtradingview.comnews.bitcoin.comchosun.comindrastra.comoilprice.comtheenergymix.comdesmog.compolicymagazine.cabenefitsandpensionsmonitor.comdextools.ioblockhead.cotokenpost.comoilprice.comabcnews.comglobalsourcepartners.comlatimes.comainvest.complus.kpbs.orgreuters.comar15.comyoutube.com