Crypto stocks and Bitcoin climbed Tuesday after reports that Iranian President Masoud Pezeshkian is 'ready to end war.' Pezeshkian, in a phone call with EU President António Costa, expressed willingness to end the war provided necessary guarantees to prevent future aggression.
Bitcoin surged briefly over $68,000, currently trading at $67,821. Analysts predict a 'risk-on rally' if conflict de-escalates, but warn of needing institutional support for sustained growth.
The White House and President Trump have not commented on the peace talks. Trump shared poll results showing 89% approval for his military actions against Iran.