Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal
coindesk|Apr 07, 2026 04:32
Oil jumped above $112 on threats to destroy Iranian infrastructure if no agreement is reached by midnight, while crypto markets gave back Monday's ceasefire rally gains.
What to know : Bitcoin slipped to about $68,600 after a brief cease-fire-driven rally, extending a six-week pattern in which geopolitical headlines spark short-lived price moves within a $65,000 to $73,000 range. Monday's jump, fueled by reports of a potential 45-day cease-fire, triggered nearly $200 million in short liquidations before prices retreated as Iran reportedly rejected the proposal and demanded broader concessions. Traders are watching a Tuesday night deadline set by President Trump for Iran to accept a deal, as his threats of severe military action and rising oil prices add to macro uncertainty already clouded by mixed U.S. economic data and unclear Fed policy signals.(Coindesk)
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