Bitcoin (BTC) surged above $68,000 after Iran's President Masoud Pezeshkian signaled readiness to end the war — provided the U.S. meets Tehran's security demands — while Donald Trump told reporters he expects the conflict to wrap up soon.
Iran's Peace Signal
BTC climbed more than 2% from an intraday low below $66,000 to roughly $68,200, reaching as high as $68,400.
The move came after Pezeshkian said Iran is prepared to end hostilities, though he stressed that Washington must guarantee the war will not resume.
Hours earlier, Trump told the New York Post that the war would end soon and the Strait of Hormuz would reopen automatically once fighting stops.
He added that the U.S. had achieved its core objective of preventing Iran from acquiring a nuclear weapon and saw little reason to remain much longer. CoinGape had also reported that Trump was ready to end the conflict without separately negotiating the Strait's reopening.
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Tehran's Conditions
Despite the rally, uncertainty lingers over whether Washington can satisfy Iran's demands. Tehran's list includes ending all acts of aggression, securing guarantees against future conflict, and obtaining war reparations.
Iran also wants the U.S. to halt operations against its regional proxies and to grant Tehran sovereignty over the Strait of Hormuz. Whether those conditions can be met remains an open question, even as crypto markets price in optimism about a near-term resolution.
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