Bitcoin, broader market flat as U.S.-Iran negotiations begin
Summary
Bitcoin is trading slightly below $73,000 as cryptocurrency markets remain largely stagnant. The stability follows a period of market volatility caused by a two-week ceasefire, which triggered a significant short squeeze. Despite the diplomatic talks currently underway in Islamabad between U.S. representatives—including Steve Witkoff and Jared Kushner—and Iranian officials such as Abbas Araghchi, regional tensions persist due to ongoing Israeli airstrikes in Lebanon and disputes over transit tolls in the Strait of Hormuz.
(Source:CoinDesk)