President Donald Trump announced he would convene a Situation Room meeting to make a final decision on a sweeping deal with Iran. The proposed agreement covers nuclear restrictions, the reopening of shipping lanes through the Strait of Hormuz, mine removal, and sanctions relief.
Bitcoin has been holding steady in the $77K to $78K range as traders price in the possibility of significantly reduced geopolitical tensions in one of the world’s most strategically important regions.
What’s actually on the table
Negotiators have reportedly reached a preliminary 14-point memorandum of understanding. The tentative one-page MOU includes a 60-day extension of a fragile ceasefire that was first established after US-Israeli military actions against Iran earlier in 2026.
The deal framework also lays the groundwork for future nuclear negotiations, pending final sign-off from both Trump and Iranian leadership. US envoys Steve Witkoff and Jared Kushner have been working on the agreement.
