Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal
Summary
Cryptocurrency markets, including Bitcoin, Ether, and Solana, experienced a pullback after a brief rally driven by reports of a potential 45-day ceasefire in the Iran conflict. Optimism waned following President Donald Trump's Tuesday night deadline for an agreement, accompanied by threats against Iranian infrastructure. While traders liquidated nearly $197 million in short positions during Monday's bounce, Iran's reported rejection of the proposal and ongoing geopolitical tensions have kept markets volatile. Bitcoin remains trapped within its established $65,000 to $73,000 range as investors await the outcome of the looming deadline.
(Source:CoinDesk)