Bitcoin resumed gains on March 24, 2026, after President Donald Trump decided to postpone strikes on Iran’s energy infrastructure for five days. Bloomberg reported that the flagship cryptocurrency briefly reached $71,500 in response to Washington’s softening geopolitical rhetoric.

The cryptocurrency showed high volatility after falling to a two‑week low of $67,470 during the Asian session. Smaller tokens, including Ethereum and Solana, also posted gains following the flagship crypto. Earlier, Bitcoin had peaked near $76,000 before correcting amid a fresh wave of Middle East tensions.

S&P 500 futures jumped almost 3% while Brent crude eased to $101 a barrel. The price moves coincided with a sharp reversal in US Treasury yields after reports of efficient diplomatic contacts. Improved risk sentiment partially offset stock market losses posted earlier in the week.

Flows into US ETFs turned into outflows on Monday amid lingering uncertainty. As Laser Digital analysts noted, the resumption of shipping through the Strait of Hormuz remains the key catalyst for a durable consolidation of interest rates. The current stabilization in the crypto market is fragile and depends directly on definite steps to de‑escalate military presence.