bitcoin rose along with US stocks after Iran’s President Masoud Pezeshkian reportedly said the country would be prepared to end the conflict if it receives security guarantees.
The crypto asset was trading at $67,762, almost 2% more in the last 24 hours. The Nasdad nearly doubled its gain following the news, now up 3.1%. Meanwhile, WTI crude oil fell from just $105 per barrel to $102.
Pezeshkian’s unconfirmed comments are raising the possibility of a diplomatic solution, easing fears of a broader conflict that could disrupt oil flows, fuel inflation and continue to rattle global markets.
