Bitcoin rebounds to $71K as oil drops after Trump signals pause on Iran strikes

Bitcoin moved back above $71,000 after US President Donald Trump postponed Iran strike for five days, sending oil price crashing below $100.

Bitcoin (BTC) broke back toward $71,000 during Monday’s European trading session as US President Donald Trump said attacks on Iran’s power infrastructure would be postponed. 

Key takeaways:

Bitcoin bounces 5% to $71,000 after President Trump said US attacks on Iran's infrastructure would be postponed.

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