Ceasefire Off, Talks On: Iran's "Pretty Please" Lifts $BTC Past $64K
U.S. President Donald Trump said Iran has requested to continue negotiations with the United States and that Washington has agreed, even as he reiterated that the ceasefire between the two countries is over. The comments, posted on Truth Social, came after an earlier remark that Iran wants to make a deal "so badly."
The president wrote that Iran asked the U.S. to continue talks and that they have agreed, while also telling Iran that the ceasefire remains off despite the ongoing discussions. The statements follow a week in which the U.S. and Iran traded strikes, prompting risk-off moves across global markets.
Bitcoin extended its gains on the news, breaking above the $64,000 level. The leading cryptocurrency was trading at around $64,100, up almost 2% from an intraday low of around $62,000, according to TradingView data. $BTC had dropped below $62,000 earlier in the week as hostilities escalated and Trump publicly decried Iran's actions.
Market reaction was measured: $BTC's move back above the psychological $64,000 mark tracked the broader relief in risk sentiment as diplomatic language re-entered the headlines. TradingView figures cited place the rebound within a tight intraday range, with the asset recovering roughly $2,000 from the day's low.
Trump did not disclose a timeline or venue for the next round of talks, and Iranian officials had not publicly confirmed the renewed dialogue at the time of publication. The post also did not specify which U.S. officials would participate or what conditions were attached to the discussions.
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