Bitcoin gains amid Trump’s claims of Iran negotiations and warnings of potential attacks on oil facilities.

U.S. President Donald Trump said “substantial progress” has been made toward ending the Iran conflict, while warning that the U.S. could destroy critical infrastructure — including power plants, oil fields and Kharg Island — if a deal is not finalized जल्द.

In a Truth Social post, Trump revealed that Washington is engaged in “serious discussions with a new, and more reasonable, regime,” marking the first public indication of a potential leadership shift in Tehran since the war began five weeks ago. His reference to a “new regime” suggests negotiations are taking place with an իշխանություն that was not in place when the conflict erupted in late February.

Trump also demanded that the Strait of Hormuz be “immediately open for business” and warned that key energy and utility assets could be targeted if talks collapse. He added that desalination plants are also being considered — facilities that had been intentionally spared during the conflict so far.

The mixed messaging presents a challenge for markets. On one side, ongoing talks with a new leadership and claims of progress point toward possible de-escalation. On the other, the explicit threat to civilian and energy infrastructure highlights the risk of a sharp escalation if negotiations fail.

Crypto markets reacted with a modest rally. Bitcoin rose above $67,600, posting a 1.3% gain over the past 24 hours. Ether outperformed with a 3.1% increase to around $2,070, while Solana climbed 1.9% to $84.09 and XRP added 1% to $1.35. Despite the bounce, weekly performance remains negative for most major tokens, with bitcoin down 1.3%, XRP 1.2%, and solana 2.2%. Tron stood out, gaining 1.3% on the day and 5.3% over the week.

The move higher triggered a wave of short liquidations. Data from CoinGlass shows $9.32 million in short positions were wiped out within a single hour, compared to just $207,000 in long liquidations.

Across a 24-hour period, total liquidations reached $340 million, with $242.25 million occurring during the earlier sell-off before Trump’s remarks. The largest single liquidation was a $9.8 million BTCUSD position on Bybit.

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