US and Iran Near Memorandum to Extend Ceasefire

US and Iran Reach Preliminary Deal to Extend Ceasefire by 60 Days

U.S. Equities Surge in May on AI Optimism and Fragile Ceasefire

Bitcoin Stays Near $76,500 as US-Iran Ceasefire Extension Buys Time for Hormuz Talks

Oil Falls Below $97, US Equities Surge $500B on Leaked US-Iran Ceasefire Draft

Pakistan Mediates US-Iran Ceasefire Talks, Progress Reported

Bitcoin

This incident highlights the fragility of the US-Iran truce, with conflicting narratives undermining credibility. For crypto, the pattern has been that such geopolitical shocks initially trigger risk-off (sell crypto), but if they persist, they can later boost Bitcoin as a non-sovereign store of value—especially if oil-driven inflation pressures central banks to slow tightening.

An exchange of fire occurred in the Strait of Hormuz, with Trump stating the US-Iran ceasefire remains in place while Iran accused the US of violating the truce.

Strait of Hormuz Exchange of Fire Tests Fragile US-Iran Ceasefire, Crypto Markets Stay Calm

Geopolitical Tension Fails to Spook Crypto, Revealing Bitcoin's Maturity as a 'Neutral' Safe Haven

Short Sellers Lose $427 Million as Bitcoin Rockets Past $72K on US‑Iran Ceasefire News

US Iran Ceasefire Odds Drop to Two Percent Amid Strikes