Bitcoin price fell back to the $ 70,500 range after the latest news from Iran. The protracted Iran war for cryptocurrencies has now become an important issue. The rise in oil prices already has negative consequences for inflation.
Iran Latest Situation
trump He announced that a meeting was held with Iran a few hours ago and a 15-article agreement was prepared. These items include abandoning the nuclear plan and opening the Strait of Hormuz. As the article was being prepared, immediately after Trump’s statements, Iran denied these allegations.
“There have been no negotiations with the United States, and fake news is being used to manipulate financial and oil markets and break the impasse in which the United States and Israel are mired.” -Ghalibaf, X.
The simultaneous statement from senior Iranian officials was as follows: “The USA requested a meeting with Iranian Parliament Speaker Qalibaf on Saturday; Tehran has not yet responded.” Although Trump’s constant denials are annoying, today the UK also made a statement saying “we were aware that the talks were taking place”. Presumably, Iran wants to move slower to prepare domestic politics for a possible agreement.
As a matter of fact, senior Pakistani officials also agreed with Tehran. Witkoff He confirmed communications between him and Jared Kushner through secret channels.
Stocks and bonds rose after Trump said there were “very good” talks between the United States and Iran on ending the Middle East conflict. Oil prices fell. Recent statements will balance this a little more.
Cryptocurrencies Latest Status
In order not to negatively affect the talks (or possible talks), the USA stopped all military attacks on Iran’s power plants and energy infrastructure for five days. While this concrete step brings the gold price down crypto coins It supports. It is understandable that Trump does not want to slow down inflation as the midterm elections approach. Many experts have been talking since day one that this process will not continue for months because we are in an election year.
Liquidation of $850 million took place in the last 24 hours. Long positions account for $450 million of this. The volatility triggered by agreement announcements (for/against) is likely to continue throughout the week. As experienced in the 12-day war in 2025, we know that Iran is extremely professional in denying secret negotiations because it attaches great importance to domestic politics. Considering the election and the oil problem in Asian countries, it would not be surprising to see Iran sign an agreement very soon. This is the case with Bitcoin and in cryptocurrencies It will lay the groundwork for a stronger rise.
