Cryptocurrency23 May 2026SEO 801 min read

Analysis: Bitcoin heads higher as President Trump announces Iran peace agreement

"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Co…

"An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," wrote President Trump late Saturday afternoon. Down sharply earlier Saturday, bitcoin moved to gains on the day after President Trump announced a peace agreement with Iran and other Middle Eastern countries. As part of the deal, Trump said, the Strait of Hormuz will be reopened. After crumbling about 4% late Friday into early Sa…

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