Ceasefire's Over, Talks Are Back, $BTC Is Back Over $64K — Everyone's Exhausted
President Donald Trump confirmed on Truth Social that the United States has agreed to Iran's invitation to continue negotiations, while simultaneously declaring the ceasefire between the two countries "OVER." In the post, Trump wrote, "The Islamic Republic of Iran has invited us to 'talks' to continue. We have agreed to do that, but to them, in very clear terms, the ceasefire is OVER!" The announcement came hours after Trump told reporters he no longer participates in what he described as the "worst deal ever negotiated," a shift that triggered a broad sell-off across U.S. equities, oil and digital assets. U.S. stock markets lost roughly $500 billion in value on Wednesday, oil prices surged, and crypto markets declined across the board before partially recovering on Thursday.
Following the latest comments, Bitcoin climbed back above the $64,000 mark, with $XRP, $DOGE and the broader altcoin market moving higher in tandem. Total crypto market capitalization ranged between $2.18 trillion and $2.20 trillion during the session, according to CoinGape data. The rebound tracked a softening in immediate risk-off positioning as traders weighed the prospect of renewed diplomacy against the unresolved military posture.
Trump's posture has shifted repeatedly within a 48-hour window. On Wednesday, he announced the end of the ceasefire, vowed to destroy Iran's bridges and electric infrastructure and hinted at potential action targeting Kharg Island, Iran's primary oil export terminal. Thursday's Truth Social post reopens the door to discussions, though the ceasefire remains considered terminated. Iran, meanwhile, has pointed toward Israel rather than the United States as the source of recent strikes, with Israeli officials signaling they "will not get away" with escalation in their own messaging.
The back-and-forth has left traders parsing each new social-media post for market-moving cues. With talks now accepted and the ceasefire declared over, the next datapoints to watch are any official statements from the U.S. State Department, Iranian counterparts and Israeli authorities, alongside oil futures and crypto spot prices at the open. As of publication, Bitcoin was holding above $64,000 and the total crypto market cap remained pinned near $2.2 trillion.
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