There is new news from Iran and Bitcoin is about to regain $78,000 as it moves towards the US market opening. While US stock markets are rushing to new highs with the impact of strong earnings reports, altcoins are also starting to turn green. So what is the latest situation on the Iranian front? What do we need to know before the market opens?
Iran latest situation
Persian A diplomatic source told Al Jazeera yesterday that Tehran presented a new offer to Pakistani mediators. A source in the region told Axios that Iran conveyed to the United States, through Pakistani mediators, on Thursday its response to the latest US amendments to the agreement to end the war.
The fact that the same news is coming from different sources confirms that this step has been taken. Because it’s probably Iran that serves it. Trump’s It was claimed that he would attack Iran to open the stalled negotiation process. Moreover, this week it was shared that the USA may continue the blockade for a few months and is in talks with oil companies for this purpose. So for Iran, the bluff must end now.
US markets and cryptocurrencies
The stock market, which rose after strong earnings reports from trillion-dollar giants, was relatively calm in futures today. S&P 500 futures rose 0.1%, while Nasdaq 100 futures fell 0.2%; Both indexes closed at all-time highs on Thursday.
Apple gained 3% in premarket trading after announcing revenue forecasts that beat expectations. Most European markets were closed for the Labor Day holiday. Britain’s FTSE 100 index fell 0.6%, driven by NatWest, which fell as much as 4.7% after results that fell short of expectations.
Iranian The fact that the tension had not yet been resolved clearly and the state of the oil price were pushing investors to be cautious. Although there is a short break due to AI enthusiasm, caution may return with profit sales. The yen moved in a narrow range after rising as much as 0.7% against the dollar, consolidating gains following the intervention of Japanese authorities a day earlier. The dollar left behind its worst monthly performance since June.
Having tested the channel resistance at $75,700 as support, BTC may now seek closes again above $78,666. If successful, $80,430 is expected to be won. A pullback of this level will now confirm a clear reversal from the bottom.
