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Bitcoin Hits 11-Week High as Trump Extends Iran Ceasefire Indefinitely Bitcoin climbed above $78,000 Wednesday morning, its highest level in 11 weeks, after President Trump announced he would extend the Iran ceasefire indefinitely, reversing his earlier statement that it would expire Wednesday. Trump cited Tehran’s government as “seriously fractured,” and said the extension would remain in place until Iran’s leadership submits a “unified proposal” to end the war. The announcement came after Iran refused to send negotiators to a second round of talks in Islamabad and reports surfaced that Vice President Vance’s planned trip to Pakistan had been put on hold. Markets reacted quickly. BTC was up roughly 2.2% over 24 hours and 5% on the week by Wednesday morning, with short sellers caught on the wrong side - approximately $240 million in leveraged shorts were liquidated. ETH was up 3% to $2,390 on a solid day of ETF inflows ($43M). Stock futures are opening green as well. On-chain signals are turning constructive for the first time in months. Bitcoin’s Net Unrealized Profit/Loss metric turned positive for the first time since early January, which analysts read as confirmation the bearish trend has ended. And whales are apparently accumulating at the fastest pace since July 2025. Strong momentum starting to build for crypto’s flagship asset…
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…