Bitcoin (BTC) recovered toward the $77,000 level late on May 18 after US President Donald Trump announced he had paused a planned military strike on Iran following requests from Saudi Arabia, Qatar, and the United Arab Emirates. The decision sparked renewed optimism across global financial markets and fueled a broader risk-on rally. According to Trumps Truth Social post, Gulf leaders urged the United States to delay military action to create room for diplomatic negotiations with Tehran. Trump emphasized that any potential agreement must ensure Iran does not obtain nuclear weapons. He also… Read more
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