Trump Inks Iran Deal, BTC Blinks Past $67K Like Nothing Happened 🚢
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Trump Inks Iran Deal, BTC Blinks Past $67K Like Nothing Happened 🚢

—By our Markets Desk2 min read

President Donald Trump confirmed he has signed a U.S.-Iran peace deal ahead of a bilateral meeting with French President Emmanuel Macron, a development that propelled the crypto market higher and pushed Bitcoin above the psychologically significant $67,000 level. The total crypto market cap climbed to an intraday high of nearly $2.3 trillion, according to TradingView data, putting the market up over 2% on the day.

Trump said Iran will reopen the Strait of Hormuz by Friday and that passage will be toll-free for sixty days. He had earlier stated on Truth Social that ships were already moving out of the strait, a claim previously reported by CoinGape. The president's latest remarks suggest Friday's scheduled signing ceremony in Geneva is largely a formality, with Trump indicating he is uncertain whether he will attend.

Iran's parliament speaker has also signed the deal, according to the source reporting. Pakistan's Prime Minister Shehbaz Sharif had earlier addressed the agreement. The convergence of these signings marks a notable diplomatic milestone, though specifics of the deal text and enforcement mechanisms have not been detailed in the available reporting.

Market reaction was swift and broadly positive across major digital assets. Bitcoin led the move, with the total crypto market cap extending gains into a 2%+ advance for the session. TradingView's intraday chart captured the move as participants weighed the geopolitical implications of the reopening of a critical maritime chokepoint for global energy shipments.

The Friday ceremony in Geneva now sits as the scheduled capstone to the diplomatic process, even as Trump casts the substantive agreement as already concluded. No further details on the signing time, attending parties, or implementation timeline have been disclosed at the time of writing.

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