US President Donald Trump has announced a five-day pause on planned military strikes against Iran, following 'very good and productive' talks between the two nations. This decision was made after constructive discussions over the past two days, which are expected to continue throughout the week.
The temporary halt affects potential attacks on Iranian power plants and energy infrastructure, and is contingent on the outcome of ongoing negotiations between Washington and Tehran.
As a result of this development, markets have reacted positively. Bitcoin prices have surged, with $265 million worth of crypto shorts liquidated within a 15-minute window. Gold prices have also increased, reaching $4,452 at press time.