Iran and US expected to finalize ceasefire deal within 24 hours, Bitcoin rises on reduced geopolitical risk

Iran and US agree on peace deal framework as crypto markets react to geopolitical shift

US and Iran agreed June 12 on a peace framework after 100+ days; reopening the Strait of Hormuz would ease global energy and inflation. Lower inflation supports risk assets including crypto; however, the framework is agreed text pending ratification and implementation verification.