Bitcoin, Equities Advance as Iran Signals Willingness to De-Escalate
Bitcoin and U.S. stocks climbed after reports suggested Iran may be open to ending the conflict if certain conditions are met.
The cryptocurrency rose to around $67,762, gaining nearly 2% over the past 24 hours. U.S. equities reacted more strongly, with the Nasdaq jumping roughly 3.1%. In contrast, oil prices moved lower, with WTI crude sliding from just under $105 per barrel to about $102.
The moves followed unconfirmed comments from Iranian President Masoud Pezeshkian, who reportedly indicated that Iran would consider ending hostilities in exchange for security guarantees.
The remarks have fueled optimism around a possible diplomatic resolution, easing fears of a prolonged conflict that could disrupt oil supplies, drive inflation higher, and pressure global risk assets.
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