Diplomacy in Beta: $BTC, $XRP, $DOGE Climb as US-Iran Talks Refuse to Catch a Ceasefire ✌️

Bitcoin, Ethereum, XRP, and Dogecoin posted gains on Friday after a US official confirmed that technical talks with Iran will continue despite two days of strikes that President Trump said had rendered the existing ceasefire "over." The talks, as reported by Bloomberg, cover nuclear matters, a performance-based memorandum of understanding, sanctions, and shipping activity in the Strait of Hormuz. Bitcoin rose above $64,000, while XRP and DOGE traded higher alongside a broader recovery in digital assets as risk appetite returned to global markets.

The diplomatic signal pulled crude oil prices lower, pushed the US 10-year Treasury yield down to roughly 4.54%, and dragged the US dollar index toward 100.5, easing pressure on risk assets that had sold off during the escalation. Equities also steadied, with major US indices posting gains into the close as traders weighed the renewed possibility of de-escalation in the Gulf. Crypto markets tracked the move, with $BTC, $ETH, $XRP and $DOGE each printing intraday recoveries.

Separately, Israeli intelligence publicly stated that Iran was allegedly planning a new assassination attempt against President Trump, adding a layer of uncertainty to the diplomatic backdrop even as negotiations remain on the calendar. The combination of conflicting signals, ongoing strikes and continued talks has left traders parsing each headline for clues on whether the ceasefire framework can be salvaged.

Market participants are now watching for further guidance from Washington and Tehran, with the next round of technical discussions expected to address verification measures tied to the nuclear file and freedom of navigation through the Strait of Hormuz, through which a significant share of global seaborne oil transits. Any breakthrough or breakdown in those talks is likely to set the tone for oil, the dollar and crypto in the sessions ahead.[e~[