Bitcoin Stabilizes After U.S. President Trump Extends Pause on Iran Attacks

Bitcoin has recovered some of its losses following U.S. President Donald Trump's announcement to extend a pause on attacks against Iran's energy infrastructure for 10 days. According to NS3.AI, the initial selloff had pushed Bitcoin down by 3% and the Nasdaq down by 2.4%. Additionally, the U.S. 10-year Treasury yield climbed to 4.43%, which eliminated expectations for imminent Federal Reserve rate cuts. Bitcoin is now trading slightly above $69,000, while other cryptocurrencies like Ether, XRP, Solana, and ADA remain 3%–5% lower over the past 24 hours.