Iran’s Nuclear Shift: Could Bitcoin Surge Past $71K on Peace Deal Hopes?
Tesseract Group’s Head of Commercial, Adam Saville Brown, previously pointed out that when Iran threatened to close the Strait of Hormuz, Bitcoin’s price, like other assets, fell to around $60. This observation highlights how recent reports suggesting a possible resolution to the conflict are changing expectations. Even as these reports emerged on Monday, Iran issued an order enacting a blockade, sending conflicting signals to the market – increased military tension alongside the possibility of a diplomatic solution.



