Trump Refuses to Confirm Validity of US-Iran Ceasefire Agreement, Bitcoin Continues to Soar, Circle Surges 20%

BlockBeats News, May 5th, according to CCTV News, U.S. President Trump, in an interview, refused to explicitly state whether the ceasefire agreement between the U.S. and Iran is still in effect. When asked if the ceasefire has ended and if military strikes could resume, Trump said, "I can't tell you that. If I answer that, you would say that person is not smart enough to be president." Earlier that day, Trump warned in an interview that if Iran attempts to attack U.S. ships in the Strait of Hormuz or the Persian Gulf, they will be "completely obliterated." However, he later stated that, from a military standpoint, the conflict with Iran is "basically over."

According to HTX market data, Bitcoin continues its strength, currently trading at $79,915, with a 24-hour gain of 1.02%. In the past 24 hours, the total liquidation across the entire network was $513 million, with long liquidations amounting to $170 million and short liquidations $343 million.

According to Bitget market data, the U.S. stock market closed on Monday with the Dow down 1.1%, the S&P 500 down 0.4%, and the Nasdaq down 0.19%. Circle (CRCL.N) surged 20%, while Micron Technology (MU.O) rose 6%.