President Donald Trump told negotiators to pump the brakes on a potential deal with Iran, saying the US is “not satisfied yet” with the terms being discussed. The directive came even as both sides acknowledged that talks have been “constructive” and “largely negotiated,” a combination of signals that left markets cautiously optimistic and political critics sharpening their knives.

Bitcoin responded by climbing approximately 3%, pushing toward the $77K level. The broader digital asset market cap swelled by roughly $75 billion as traders interpreted the ongoing talks as a net positive for risk assets, even with Trump’s explicit warning not to rush.

What’s actually happening in Doha

Negotiations resumed in Doha involving the US, Iran, and other countries. The discussions reportedly touched on several flashpoints, including the potential reopening of the Strait of Hormuz, one of the world’s most critical oil transit chokepoints.

Iranian officials confirmed progress but were careful to note that a final deal is “not imminent.” Trump echoed that sentiment from the American side, directing his team not to hurry the process. He emphasized that any agreement needs to be favorable for all parties involved, or there simply won’t be one.