Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes
Summary
Bitcoin prices rallied toward $82,000 and Nasdaq futures climbed over 1% as reports emerged of potential progress in U.S.–Iran peace talks. Conversely, WTI crude oil futures dropped 6% to $95.28 per barrel amid optimism that a memorandum of understanding could normalize energy flows through the Strait of Hormuz. The reported draft agreement involves negotiations led by Steve Witkoff and Jared Kushner. While the market responded with a shift toward risk assets, some analysts remain skeptical regarding Iran’s willingness to concede on long-standing nuclear enrichment demands.
(Source:CoinDesk)