Bitcoin moved back toward $71,000 on March 23 after President Donald Trump said U.S.-Iran talks were “very good and productive” and suggested a pause in military action could help end the war. Prices later hovered around $68,600-$68,900, while a rapid liquidation wave saw about $265 million in crypto short positions closed within 15 minutes. The move highlighted how quickly leveraged markets can reprice on geopolitical headlines.