Bitcoin Reclaims $71,000 After Trump Says Iran War Is Nearly Over

Bitcoin Reclaims $71,000 After Trump Says Iran War Is Nearly Over

N
News Editor 01
2026-07-24 00:55:17
Bitcoin moved back above $71,000 and XRP rebounded to $1.38 after Donald Trump said the Iran war was nearly over. Spot Bitcoin ETFs saw $418 million in net inflows over two days.
BitcoinXRPSpot Bitcoin ETFTrumpGeopolitics

Bitcoin climbed back above $71,000 after Donald Trump said on Truth Social that the Iran war was “pretty much complete” and could end “very soon.” Bloomberg said the move came as oil prices fell and risk assets rallied. XRP also recovered from recent lows, trading around $1.38.

ETF demand returned as Bitcoin pushed higher

According to CoinGlass data cited in the source article, spot Bitcoin ETFs posted $167 million in net inflows on Monday and $251 million on Tuesday, for a two-day total of $418 million. The article described that as the strongest back-to-back inflow stretch since February. Price action and fund flows moved in the same direction, suggesting institutional buyers were active during the rebound.

CoinMarketCap data referenced in the piece showed Bitcoin at $71,256, after touching $71,612 during the Trump-driven rally. The Crypto Basic, citing CryptoQuant analysts, said BTC remains trapped in what they called the “most frustrating stage of the cycle,” with trading still stuck between $65,000 and $73,000. The article also said cumulative ETF inflows for March reached $1.56 billion, while a move from current levels to $140,000 would require much larger capital inflows.

XRP bounced from war-related lows but stayed in range

XRP was reported at $1.38 after rebounding from a low of $1.11 during the conflict-driven selloff. CoinDesk confirmed that Ripple joined Mastercard’s Crypto Partner Program, which includes 85 companies. Even so, the source said XRP remains rangebound between $1.30 and $1.50 until geopolitical conditions become clearer.

The same article estimated that a rise to $2.40 would require a gain of about 74%. It added that such a move depends on factors outside Ripple’s direct control.

The source also promoted the Pepeto presale

A large portion of the original article focused on Pepeto, a presale token project. It claimed the sale raised $7.87 million during the market downturn and offered staking returns of 201% APY. The piece also said the project had a former Binance expert on its advisory board and had completed a SolidProof audit.

Those claims were presented as part of the project’s promotional pitch. The main market takeaway in the article remained the same: Trump’s comments on the Iran conflict helped lift sentiment, Bitcoin reclaimed the $71,000 level, and spot ETF inflows turned positive across two consecutive sessions.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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