Trump Announces Peace Agreement With Iran, Sending Bitcoin Back Above $77,000

Bitcoin moved back above $77,000 after President Trump announced a peace agreement with Iran and other Middle Eastern countries, with the CoinDesk report saying the news sent bitcoin sharply higher to $76,700 after it had fallen to nearly $74,000 earlier on Saturday.

CoinDesk quoted Trump writing, "An Agreement has been largely negotiated, subject to finalization between the United States of America, the Islamic Republic of Iran, and the various other Countries," and it added that Trump said, "the Strait of Hormuz will be opened."

Crypto Briefing

The same CoinDesk piece framed the move as a retracement after bitcoin "crumbling about 4% late Friday into early Saturday," and it listed BTC at $77,016.85 and ETH at $2,126.47 in its market snapshot.

CoinDesk also cited investor Mark Connors, saying bitcoin has "broken out of its longest stretch of underperformance in history" and is ready to beat stocks, bonds, and gold as inflation stubbornly sticks around.

In parallel, Crypto Briefing described the negotiations as inching toward a formal peace agreement, with negotiators working to finalize a one-page memorandum designed to end hostilities between the United States and Iran.

Crypto Briefing said the US has frozen between $344 million and $450 million in Iran-linked cryptocurrency assets as part of the broader sanctions and negotiation framework, while it estimated Iran’s total digital asset holdings at roughly $7.8 billion.

The same Crypto Briefing piece described the enrichment timeline as a sticking point, saying the US is pushing for a moratorium on Iran’s uranium enrichment activities lasting 12 to 15 years and that Iran has countered with a five-year moratorium proposal.

CryptoRank

Crypto Briefing also tied the crypto angle to market volatility, noting that if sanctions relief moves forward as part of a finalized deal, "some portion of those holdings could theoretically re-enter the market."

CryptoRank, meanwhile, framed the macro setup for crypto and DeFi markets by saying a finalized deal could spark a risk-on lift that weakens the dollar and boosts token adoption, CEX/DEX volumes and market sentiment.

CryptoRank also said the US dollar index (DXY) remained near recent highs supported by a relatively hawkish Federal Reserve, implying that token performance and fundraising may stay subdued in the near term.

MEXC’s reposted item claimed that a Middle East peace deal was reached and that the US-Iran conflict ends, adding that oil is crashing very hard and linking that to potential implications for crypto markets.

“Trump administration and Iran inch toward peace deal as wording issues stall progress Negotiators are reportedly haggling over a one-page memorandum to end hostilities, but nuclear enrichment timelines and sanctions relief remain sticking points”

Crypto Briefing

CryptoRank said the dollar’s safe-haven appeal had not yet diminished significantly even as optimism grew, and it described the DXY as hovering near recent highs supported by a relatively hawkish Federal Reserve.

CryptoRank also said that while a US-Iran peace deal could trigger a risk-on shift weakening the dollar in the short term, the currency’s long-term trajectory would depend on Federal Reserve policy and domestic economic data.

In a separate analysis focused on Geneva talks, صرافی تبدیل described how foreign policy news can spread quickly to the market and how volatility can begin even before an official statement is released.

That same صرافی تبدیل article laid out tomans-based levels tied to scenarios after the negotiations, including a range of 157,000 tomans as a first support if no definitive agreement is reached and a range of 148,500 to 149,000 tomans as the previous dollar ceiling that would be the main target of the correction in a comprehensive and positive agreement.