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Folks, this wave just pumped Bitcoin up a sudden 3000 points, and to be straight about it—breaking news just "ignited" the market sentiment!
Previously, everyone was worried about Middle East military conflict, so money rushed to safe havens like gold and US Treasuries. Then Trump suddenly said US-Iran talks are going pretty well, military strikes are being pushed back five days, and the risk-off sentiment instantly "cooled down." Money started flowing back into risk assets.
On top of that, previous short positions got liquidated in a wave, and bulls capitalized on the momentum to push hard, directly pumping Bitcoin up and giving a lot of underwater traders a temporary "break-even window."
$BTC $GT