{"id":71923,"date":"2026-05-01T22:33:31","date_gmt":"2026-05-01T22:33:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/trump-says-iran-conflict-over-nasdaq-sets-record-high-bitcoin-climbs-2-5\/"},"modified":"2026-05-01T22:33:31","modified_gmt":"2026-05-01T22:33:31","slug":"trump-says-iran-conflict-over-nasdaq-sets-record-high-bitcoin-climbs-2-5","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/trump-says-iran-conflict-over-nasdaq-sets-record-high-bitcoin-climbs-2-5\/","title":{"rendered":"Trump Says Iran Conflict Over, Nasdaq Sets Record High, Bitcoin Climbs 2.5%"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Trump declared U.S.-Iran hostilities \u201cterminated\u201d on May 1, bypassing the War Powers Resolution\u2019s 60-day authorization deadline.<\/li>\n<li> <span>Bitcoin<\/span> climbed 2.52% near $79,000 earlier today, now at $78,311 per coin, as the Nasdaq hit a record above 25,000 on strong earnings and easing oil prices.<\/li>\n<li>Iran\u2019s latest nuclear deal proposal, delivered via Pakistani mediators, was rejected by Trump, leaving negotiations unresolved.<\/li>\n<\/ul>\n<h2>War Powers Clock Reset: Trump Says U.S.-Iran Hostilities Are Over as Markets Rally<\/h2>\n<p>Trump sent a <a href=\"https:\/\/apnews.com\/article\/trump-war-powers-pentagon-iran-422311a4443b987af87cd4ca35d54f48\" target=\"_blank\" rel=\"noopener noreferrer\">formal letter<\/a> to House Speaker Mike Johnson and Senate President pro tempore Chuck Grassley on May 1, 2026, stating that the hostilities beginning on Feb. 28, 2026, \u201chave terminated.\u201d The White House used the declaration to argue that no new congressional authorization is required for the current <a href=\"https:\/\/en.wikipedia.org\/wiki\/2026_Iran_war\" target=\"_blank\" rel=\"noopener noreferrer\">U.S. military posture<\/a> in the Middle East.<\/p>\n<p>The conflict began when the United States, coordinating with Israeli strikes, launched military operations against Iran in what some reports called \u201cOperation Epic Fury.\u201d The strikes targeted Iranian nuclear facilities, missile programs, military infrastructure, and leadership sites. Iran retaliated and briefly threatened the <a href=\"https:\/\/news.bitcoin.com\/strait-of-hormuz-blockade-trump-says-no-ship-moves-without-us-navy-approval\/\">Strait of Hormuz<\/a>. Trump formally notified Congress of the hostilities on March 2, 2026, starting the War Powers clock.<\/p>\n<p>A <a href=\"https:\/\/news.bitcoin.com\/trump-announces-two-week-ceasefire-with-iran-after-pakistan-mediation-bitcoin-spikes-to-71k\/\">ceasefire<\/a> took effect on April 7, 2026, and has since been extended. No direct exchanges of fire between U.S. and Iranian forces have occurred since. The U.S. has maintained a <a href=\"https:\/\/news.bitcoin.com\/brent-crude-climbs-above-115-as-trump-signals-longer-iran-naval-blockade\/\">naval blockade<\/a> to restrict Iranian oil exports, while negotiations for a permanent deal have continued through third-party mediators, including <a href=\"https:\/\/news.bitcoin.com\/pakistan-reopens-banks-to-crypto-a-look-at-what-changed\/\">Pakistan<\/a>.<\/p>\n<p>Trump told reporters this week that <a href=\"https:\/\/news.bitcoin.com\/taco-tuesday-traders-bet-430m-on-falling-oil-prices-minutes-before-trump-announced-iran-ceasefire-extension\/\">Iran<\/a> had delivered a new proposal but said he was \u201cnot satisfied with it,\u201d <a href=\"https:\/\/apnews.com\/live\/donald-trump-news-updates-05-01-2026\" target=\"_blank\" rel=\"noopener noreferrer\">describing<\/a> Iran\u2019s leadership as \u201cvery disjointed\u201d and \u201cfractured.\u201d He outlined two paths forward: a negotiated deal or military escalation, adding that he would \u201cprefer not\u201d the latter \u201con a human basis\u201d but left the option open. Trump also called the War Powers Resolution \u201cunconstitutional,\u201d <a href=\"https:\/\/x.com\/unusual_whales\/status\/2050283360472502472?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">a position<\/a> he has held previously.<\/p>\n<p>Defense Secretary <a href=\"https:\/\/news.bitcoin.com\/pentagon-eyes-bitcoin-infrastructure-as-strategic-asset-hegseth-says\/\">Pete Hegseth<\/a> had previewed the legal interpretation the day before in Senate testimony, arguing the ceasefire effectively pauses the 60-day clock. A senior administration official said: \u201cFor [War Powers Resolution] purposes, the hostilities that began on Saturday, Feb. 28, have terminated.\u201d<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/senate-democrats-urge-cftc-to-ban-sports-and-election-contracts-on-kalshi-and-polymarket\/\">Democrats<\/a> pushed back. Sen. Tim Kaine <a href=\"https:\/\/www.aljazeera.com\/news\/2026\/5\/1\/has-the-us-iran-ceasefire-reset-the-clock-on-war-powers-act-deadline\" target=\"_blank\" rel=\"noopener noreferrer\">argued<\/a> the U.S. naval blockade constitutes ongoing hostilities and that the interpretation stretches the law. Senate Republicans blocked Democratic efforts to force a vote on authorization. Congress adjourned without acting.<\/p>\n<p>Markets responded to the easing geopolitical signals and a strong earnings season. The <a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-IXIC\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nasdaq Composite<\/a> closed at 25,114, up 222 points and a record high. The <a href=\"https:\/\/www.tradingview.com\/symbols\/SPX\/?exchange=SP\" target=\"_blank\" rel=\"noopener noreferrer\">S&amp;P 500<\/a> gained 21 points to close at 7,230, while the <a href=\"https:\/\/www.tradingview.com\/symbols\/TVC-DJI\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dow Jones Industrial Average<\/a> slipped 153 points to 49,499. More than 80% of S&amp;P 500 companies reporting this season beat earnings estimates. Oil prices pulled back, with Brent crude settling near <a href=\"https:\/\/www.tradingview.com\/symbols\/UKOIL\/?exchange=TVC\" target=\"_blank\" rel=\"noopener noreferrer\">$108 per barrel<\/a> and WTI near <a href=\"https:\/\/www.tradingview.com\/symbols\/WTI\/?exchange=BLACKBULL\" target=\"_blank\" rel=\"noopener noreferrer\">$99.55<\/a>, down roughly 2.6% on the day.<\/p>\n<figure id=\"attachment_811036\" aria-describedby=\"caption-attachment-811036\" style=\"width:2252px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-811036\" class=\"wp-caption-text\">Nasdaq Composite on May 1, 2026.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/news.bitcoin.com\/gold-gains-fourth-straight-week-amid-fed-rate-cut-signals-and-middle-east-truce-in-focus\/\">Gold<\/a> held in the <a href=\"https:\/\/www.kitco.com\/price\/precious-metals\" target=\"_blank\" rel=\"noopener noreferrer\">$4,580 to $4,636<\/a> per ounce range, reflecting persistent safe-haven demand tied to <span>inflation<\/span> concerns and ongoing Middle East uncertainty. Silver traded near $72 to $75 per ounce. Both metals remain at historically elevated levels.<\/p>\n<p><a href=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> stood at around $78,311, up 2.52% on the day at Wall Street\u2019s close, as broader risk-on sentiment lifted equities and <span>crypto<\/span> in tandem. <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a>\u2019s market dominance held near 60%. <a href=\"https:\/\/markets.bitcoin.com\/crypto\/ethereum\" target=\"_blank\" rel=\"noopener noreferrer\">Ethereum<\/a> gained 1.88% to $2,303. Other <a href=\"https:\/\/markets.bitcoin.com\" target=\"_blank\" rel=\"noopener noreferrer\">top performers<\/a> in the 24-hour window included hyperliquid (HYPE), up 4.04%, and dogecoin (DOGE), up 2.96%. Most of the top 20 <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> assets saw gains.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>The U.S. economy grew at a 2.0% annualized rate in Q1 2026, rebounding from 0.5% growth in Q4 2025. Business investment, consumer spending, and <a href=\"https:\/\/news.bitcoin.com\/grok-chatgpt-claude-11-ai-models-project-bitcoin-hits-84k-to-118k-by-end-of-2026\/\">artificial intelligence (AI)<\/a>-related tailwinds supported the expansion. The Federal Reserve <a href=\"https:\/\/news.bitcoin.com\/federal-reserve-holds-interest-rates-steady-at-3-5-3-75\/\">held<\/a> its target rate steady at 3.50% to 3.75%, citing elevated uncertainty from Middle East developments and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-inflation\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">inflation<\/a> running above the 2% target. Trump has tied the conflict\u2019s full resolution to lower energy costs, <a href=\"https:\/\/x.com\/FoxNews\/status\/2049936916372762924?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">telling reporters<\/a> that oil and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-gas\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gas<\/a> prices will \u201ccome tumbling down\u201d once the war concludes.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"flex flex-col overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:hidden\">\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><img alt=\"Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"(max-width: 768px) calc(100vw - 18px)\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-760x428.png&amp;w=1920&amp;q=75\"\/><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:flex md:flex-row md:gap-3 lg:hidden\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] lg:flex lg:flex-row lg:gap-4\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fmahalo-2026-05-01t141126-976-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<div class=\"flex items-start gap-3\">\n<h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions<\/h3>\n<p><a class=\"flex h-12 w-[180px] shrink-0 items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/traders-push-bitcoin-near-79000-resistance-wiping-120m-in-bearish-positions\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">After a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The ceasefire remains intact but fragile. The U.S. naval blockade of Iranian oil exports continues, and <a href=\"https:\/\/news.bitcoin.com\/chainalysis-maps-iran-stablecoin-pipeline-behind-344m-usdt-freeze\/\">Iran<\/a> retains partial influence over the Strait of Hormuz. Negotiations are ongoing by phone. The move to declare hostilities terminated effectively resets the War Powers clock without ending the broader standoff, preserving flexibility for both renewed diplomacy and, if Trump chooses, future military action.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/trump-says-iran-conflict-over-nasdaq-sets-record-high-bitcoin-climbs-2-5\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Trump declared U.S.-Iran hostilities \u201cterminated\u201d on May 1, bypassing the War Powers Resolution\u2019s 60-day authorization deadline. Bitcoin climbed 2.52% near $79,000 earlier today, now at $78,311 per coin, as the Nasdaq hit a record above 25,000 on strong earnings and easing oil prices. Iran\u2019s latest nuclear [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":71924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71923"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71923"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71924"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}