Trump pressured Netanyahu to cancel retaliatory strikes on Iran, threatening isolation. Bitcoin surged 5% to $64K on de-escalation hopes before retreating.

Monday’s strikes by both Iran and Israel are the most serious escalation in the conflict since the ceasefire between the U.S.-Israel side and Iran went into effect in April.

US President Donald Trump urged Israeli Prime Minister Benjamin Netanyahu not to retaliate against Iran to give diplomacy a chance, according to Axios, which cited a US official…