Bitcoin Climbs Above $78,000 as Ceasefire Extension and Major Institutional Purchase Support Prices
Bitcoin rose past the $78,000 mark amid geopolitical relief after the U.S. announced an indefinite extension of a ceasefire with Iran and fresh institutional buying. The cryptocurrency was trading roughly 2.7% higher and poised for a third consecutive day of gains as broader market signals—softening oil and a weaker dollar—aligned with renewed infl…