Trump says Iran peace deal to be signed Sunday, contradicting Tehran
Trump said a US-Iran deal is scheduled to be signed Sunday, with immediate reopening of the Strait of Hormuz. Pakistan, which is mediating talks, said a memorandum of understanding could be finalized within 24 hours and would extend the ceasefire for 60 days. Iran has not confirmed the Sunday timeline; its foreign ministry said signing could happen in the coming days, not tomorrow. The expected agreement is seen as important because the Hormuz blockade has disrupted a large share of global oil and LNG flows, lifted asset prices, and pressured crypto markets. Analysts said a deal could improve risk sentiment, trigger renewed inflows into Bitcoin and crypto, and support spot Bitcoin ETFs after several weeks of outflows. Bitcoin was trading around $64,491, up 1.5% on the day.
