The US-Iran Ceasefire Extended, Oil Price Slightly Down, Bitcoin Surpasses $76,000

BlockBeats News, April 22: President Trump of the United States tweeted that, in response to the request of the Chief of Army Staff and Prime Minister of Pakistan, the US will postpone the military strike against Iran, extend the ceasefire deadline, and request the Iranian side to first propose a unified negotiation plan. During this period, the US military will continue to implement a naval blockade against Iran while maintaining military readiness. He stated that the ceasefire will continue until Iran submits a plan and completes the negotiation, "regardless of the outcome."

In response to President Trump's statement regarding the extension of the ceasefire deadline, the Iranian state television stated that Iran has already emerged as the victor on the battlefield. Controlling the Strait of Hormuz is a very valuable chip that Iran has obtained in this war. Iran has agreed to a temporary halt to military combat, but the war is not over. At the same time, Iranian state television also pointed out that Iran must be vigilant against any suggestion that Iran must participate in negotiations, otherwise the enemy will attack Iran's rhetoric. Even if the naval blockade is lifted, Iran's participation in negotiations must be conditional on not raising any issues that violate Iran's independence and dignity, with the primary focus being Iran's defense, missile capabilities, as well as nuclear power and technology.

Impacted by this news, according to Bitget data, oil prices experienced a slight decline, with Brent crude falling over 2% from the intraday high to $93.45 per barrel; WTI crude fell over 2% from the intraday high to $91.75 per barrel.

According to HTX market data, Bitcoin returned above $76,000, currently trading at $76,323.01, with a 24-hour increase of 0.27%; Ethereum is currently trading at $2,324.27, with a 24-hour increase of 0.11%.