Bitcoin price news: BTC reclaims $70,000 on ceasefire report

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Bitcoin price news: BTC reclaims $70,000 on ceasefire report
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An Israeli TV report said a one-month ceasefire could be announced soon.

According to an Israeli TV report, a one-month ceasefire in the Iran war could be announced soon.A down day in crypto became slightly less so in the minutes since U.S. stocks closed for the session. According to Israeli Channel 12, a one-month ceasefire could soon be announced as part of a package being negotiated by White House envoys Steve Witkoff and Jared Kushner.

Other terms of the deal reportedly include a dismantling of Iran's existing nuclear capabilities and that country's vow to "never seek" nuclear weapons. The news was felt most immediately in the oil market, with Brent Crude dropping from $104 to below $100 in a few minutes.Riding the crypto boom to become one of the 2025's hottest stocks, HOOD has shed more than 50% of its value since bitcoin topped in early October.Robinhood opened a new $1.5 billion stock buyback program, which adds more than $1.1 billion to what was already in place. The company expects to execute the buyback over about three years starting in the first quarter of 2026, aiming to reduce shares outstanding and potentially boost earnings per share.7 hours ago

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