Bitcoin jumps to $77,541 after Trump extends Iran ceasefire; $2.54B BTC buy puts $80,000 in sight

Bitcoin traded at $77,541, up 2.2% in 24h and 4.3% on the week, after Trump extended the Iran ceasefire and Strategy disclosed a $2.54B BTC purchase. The move unwound 46 days of suppressed funding into a fast repricing across crypto and equities.

Trump’s announcement cut immediate conflict risk. Fox News coverage of the ceasefire framed it as an indefinite extension.

Oil stayed contained near $90, avoiding a $105–$110 spike. That eased near-term inflation fears and supported risk assets.

Equity futures ticked up after the news, while Asia lagged. Source: Coinspeaker.

Crypto breadth confirmed risk-on. Ether rose to $2,366 (+2.1%). BNB hit $640 (+1.3%). Solana reached $87 (+1.8%). Tron underperformed slightly as capital rotated to beta. Source: Coinspeaker.

Focus now: $75,000 support vs. $80,000 resistance. A 46‑day funding squeeze suggests shorts can fuel upside if open interest rebuilds above $77,500. BTC price reference: TradingView BTCUSD.

Short‑term holder realized price sits near $69,400, which cushions downside if sentiment wobbles. Source: Coinspeaker.

• Bull case Bitcoin closes above $77,500, OI adds new longs, a clean break over $80,000 targets $85,000. Source: Coinspeaker.
• Base case Range between $75,000 and $78,000 as markets await a finalized US‑Iran deal or fresh macro data, with longer‑term patterns still pointing to $90,000. Coinspeaker’s $90k technical read.
• Bear case Hormuz risk resurfaces, oil retests $105, and Bitcoin loses $75,000, signaling the extension was priced in. Source: Coinspeaker.

Key catalysts cited: the ceasefire decision (Fox News), BTC price action (TradingView), and Strategy’s $2.54B BTC buy (source: Coinspeaker).