Markets on Edge as Iran Ceasefire Deadline Approaches Wednesday
Bitcoin surged 1.5% to $75,733 as Iran and Pakistan engaged in peace negotiations, while US equity futures showed modest gains. The Iran-Pakistan ceasefire is set to expire on Wednesday, with no planned extension.
Bitcoin gained 1.5% to reach $75,733 following Iran's announcement to send delegates to Pakistan for peace negotiations. The Iran-Pakistan ceasefire is set to expire on Wednesday, with former US President Donald Trump stating that an extension is unlikely. US equity futures showed modest gains, with S&P 500 futures advancing 0.2% and Nasdaq 100 futures climbing 0.4%. Other cryptocurrencies, including Ethereum, XRP, and BNB, also saw gains. Bitcoin mining companies liquidated 32,000 BTC in Q1 2026, the largest amount since the Terra ecosystem collapse in 2022. The MSCI All Country World Index posted a 0.1% advance, driven by Asian equity markets.
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