Trump announces Iran MOU signing for Sunday, reopening the Strait of Hormuz and extending a ceasefire. Bitcoin climbs above $63K on de-escalation hopes.

Bitcoin rose roughly 3% to above $63,000 Thursday after Trump canceled scheduled Iran strikes and signaled a multi-nation peace deal was nearing completion.

Trump says Iran's supreme leader approved a US-Iran deal to lift the naval blockade on the Strait of Hormuz. Bitcoin rallied on the news as signing nears.