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Trump says the Iran conflict will end in two to three weeks, and Iran also states willingness to cease fire. Once the news broke, gold, U.S. stocks, and BTC all rose, while crude oil fell below 100 and the dollar declined. Essentially, this is the global capital unwinding the "risk premium" brought by the Middle East situation.
BTC's rise is based on the expectation of a ceasefire, not its intrinsic value. This expectation is very fragile and could be overturned at any time.