Bitcoin retakes $71K as US sends Iran 15-point ceasefire plan

Bitcoin bounced back above $71,000 after US President Donald Trump’s administration sent a proposal to Iran aimed at ending the war.

Bitcoin (BTC) rose back above $71,000 during the early Asian trading hours on Wednesday after Trump’s administration offered a 15-point plan to Iran to end the war, sparking short-term optimism across risk assets.

Key takeaways:

Bitcoin bounces 4% to $71,500 after President Trump sent Iran a 15-point proposal aimed at ending the war. 

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