The US and Iran are nearing a 14-point framework deal to end the war and reopen the Strait of Hormuz, with Bitcoin and crypto markets reacting to every twist.

US President Donald Trump flagged progress in talks with Iran, Tehran has warned that major gaps still stand in the way of dialing down the conflict.

Iran and the US are nearing a 14-point memorandum to halt conflict. Here's what the deal means for Bitcoin, oil prices, and crypto market sentiment.