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Bitcoin, crypto prices tick up as US-Iran peace deal odds climb

CoinDesk
Bitcoin and broader cryptocurrency prices rose as prediction markets increased the likelihood of a U.S.-Iran peace deal.

Summary

Cryptocurrency markets saw modest gains on Monday, with Bitcoin rising 1.6% to $77,500, following increased market optimism regarding a potential U.S.-Iran peace agreement. Data from Polymarket shows that the probability of a permanent deal has jumped significantly after President Trump indicated a framework agreement is nearing finalization. Iranian officials have arrived in Doha for mediated talks focused on the Strait of Hormuz and nuclear enrichment. While crude oil prices dropped, gold and cryptocurrencies benefited from the potential de-escalation of regional tensions.

(Source:CoinDesk)