Bitcoin pushed back above $65,000 on Monday after Vice President JD Vance said Iran agreed to readmit International Atomic Energy Agency inspectors. The announcement capped roughly 18 hours of negotiations in Switzerland — but Iranian state-linked media quickly pushed back, saying the nuclear file was not on the agenda.
What Vance said in Switzerland
Vance called the agreement the first step in ending Iran's nuclear weapons program. The talks were built on a US-Iran peace deal signed earlier this month by President Trump. A joint statement set a 60-day roadmap, a high-level committee, and working groups on nuclear, sanctions, and disputes. Vance indicated that contacts with the IAEA could begin within the week.
Iran pushes back
Iranian Parliament Speaker Mohammad Bagher Ghalibaf warned Washington to mind its statements and said Iran's forces were ready to respond. Fars News, an outlet close to Iranian state media, disputed Vance's claim, reporting that the nuclear file was not on the agenda. The IAEA pulled its last inspectors in June 2025 after US and Israeli strikes hit Fordow and Natanz. Iran's parliament suspended cooperation with the IAEA for roughly a year after those strikes.
Markets react
Bitcoin traded near $65,500 at the time of writing, up over 2% in 24 hours. It's still 48% below its October 2025 record of $126,080. US crude oil spot prices ranged around $75 per barrel, close to their lowest since March 2026. The Strait of Hormuz normally carries about 20 million barrels of oil per day, but flows fell to 14.6 million in early 2026 due to conflict. Donald Trump Jr. commented positively on the talks.
What comes next
Vance said any unfrozen Iranian funds would, under a Qatari-brokered plan, be used to buy American crops. With IAEA contacts potentially starting within days, the coming week will test whether the diplomatic track holds — and whether Bitcoin can hold its gains.
