Bitcoin Traders Watching Closely As Trump Hints At Imminent Iran Deal
Bitcoin rose back to about $62,350 after recent lows near $59,500 as traders reacted to hopes of a US-Iran agreement. Donald Trump said a deal could be signed within two or three days and claimed talks were in the final stretch, which helped fuel bets that easing Middle East tensions could lift risk assets. A successful deal is seen as potentially sending Bitcoin toward $65,000, with further gains possible toward $70,000 if buying strengthens. Oil also matters: crude prices fell as reports said Iran and Israel had halted attacks, reflecting reduced geopolitical risk. Still, skepticism remains because similar near-term claims have not produced an actual agreement. Major sticking points reportedly include sanctions, nuclear limits, security guarantees, frozen funds, and the Strait of Hormuz. Traders are treating the comments as hopeful but unconfirmed.
