Bitcoin Price Jumps Above $65K as Trump Announces Official Deal With Iran

“I hereby fully authorize the toll free opening of the Strait of Hormuz,” added the POTUS.

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Bitcoin’s price is on the move on Sunday evening, jumping past $65,000 for the first time in approximately ten days.

The impressive price jump came after US President Donald Trump confirmed on his social media platform that the deal with Iran, as promised yesterday, “is now complete.”

Recall that the POTUS noted yesterday that Iran and the US had reached an agreement that would halt the former’s attempts to develop or purchase nuclear weapons.

However, reports from the Middle Eastern country put that promise in doubt. Moreover, today’s attacks from Israel against Lebanon intensified the speculation that there will be no deal announced on June 14.

Nevertheless, the POTUS published a triumphant statement on Truth Social, clarifying that the two sides have reached an agreement.

“The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade. Ships of the World, start your engines. Let the oil flow!”