Bitcoin rose alongside U.S. stocks after Iranian President Masoud Pezeshkian reportedly said the country would be ready to end the conflict if it received security guarantees.
The crypto asset was trading at $67,762, up almost 2% in the last 24 hours. The Nasdad nearly doubled its gain on the news, now up 3.1%. WTI crude oil, meanwhile, fell from just under $105 a barrel to $102.
Pezeshkian’s unconfirmed remarks raise the prospect of a diplomatic exit, easing fears of a broader conflict that could disrupt oil flows, fuel inflation and continue to roil global markets.
