Bitcoin surges as US-Iran deal hopes boost markets

Bitcoin and global stocks rallied on hopes for a U.S.-Iran deal, pushing BTC near $82,500 and lowering oil prices. Optimism prevails, but markets remain cautious as negotiations continue.

Markets surged on optimism surrounding a potential U.S.-Iran agreement, with Bitcoin climbing to nearly $82,500 and global equities rallying. Reports suggest Iran is considering a 14-point proposal, including a moratorium on uranium enrichment, sanctions relief, and measures to ease transit through the Strait of Hormuz. Although no final deal has been reached, the possibility of de-escalation has boosted risk assets and caused oil prices to drop sharply, alleviating inflation concerns. UK stocks posted notable gains, with the FTSE 100 and FTSE 250 hitting multi-week highs, though energy shares lagged due to weaker crude prices. Technical indicators for Bitcoin reflect strong momentum and support, with prices consolidating just below the $82,000 resistance level. Despite the market's optimism, diplomatic risks persist, and the outcome of negotiations remains uncertain.