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Bitcoin and other cryptos fall as U.S., Iranian negotiators fail to reach war resolution

CoinDesk
Major cryptocurrencies dropped nearly 2% following the collapse of peace negotiations between U.S. and Iranian officials in Pakistan.

Summary

Cryptocurrency markets experienced a decline after U.S. Vice President J.D. Vance announced that talks in Pakistan aimed at achieving a ceasefire with Iran had failed. Bitcoin, ether, and XRP all saw price drops of approximately 2% following the announcement. Vance cited the refusal of Iran to agree to U.S. demands regarding nuclear non-proliferation as the primary reason for the impasse, noting that the two nations could not reach a mutually acceptable resolution.

(Source:CoinDesk)