US-Iran War Deal Talks Put Bitcoin’s $90K Recovery in Focus

A possible breakthrough in the US-Iran war negotiations has put Bitcoin’s $90,000 level back in focus. Sources familiar with mediation expect progress this week, according to Al-Araby Al-Jadeed, while Bitcoin traded near $82,000 on Monday. No peace agreement has been confirmed. The October 19 report cited unnamed sources familiar with Qatari and Pakistani mediation. Negotiators seek mutual concessions, but neither government has announced a timetable. The US-Iran war talks follow months of disruption around the Strait of Hormuz. Sanctions and Iran’s nuclear activities remain obstacles. Tehran’s offer on opening up the Strait of Hormuz is still on the table, according to Abbas Araghchi, the country’s foreign minister.

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