Bitcoin nears $82K as oil craters 6% on U.S.–Iran peace deal reports

Bitcoin climbed toward $82,000 during Monday's European session as Nasdaq futures gained more than 1% and WTI crude futures slid roughly 6% to $95.28 a barrel — all on reports that Washington and Tehran are close to a one-page memorandum of understanding aimed at ending the conflict.

The Axios report described negotiations involving U.S. envoys Steve Witkoff and Jared Kushner with Iranian officials, conducted directly and through intermediaries. A key provision would see Iran remove highly enriched uranium from the country — a long-standing U.S. demand Tehran has previously resisted. Hopes that a deal could reopen normal oil flows through the Strait of Hormuz, reportedly mined by Iranian forces since late February, drove the broad risk-on rotation.

Not everyone is convinced. ForexLive analyst Justin Low flagged skepticism on the nuclear concessions: "I'm a bit skeptical on the final…