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Bitcoin, XRP surge on Trump's Iran U-turn
Markets surged as United States President Donald Trump announced on Apr. 7 that he would suspend attacks on Iran for two weeks. In a Truth Social post, just an hour and a half before the 8 PM ET deadline, Trump said, "Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off the destructive force being sent tonight to Iran, and subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz, I agree to suspend the bombing and attack of Iran for a period of two weeks. This will ... (full story)