Bitcoin rises past $69,000 as risk markets reverse big early losses on hope for Iran deal

Iran's government is reportedly reviewing Pakistan's request for a two-week ceasefire positively, according to an Axios report. What to know : U.S. stocks and bitcoin rose late Tuesday after reports that Iran and President Trump are reviewing a Pakistani proposal for a two-week cease-fire. Bitcoin climbed back above $69,000, moving in tandem with equities on optimism that a cease-fire could ease geopolitical tensions. The development followed Trump’s threat Tuesday morning that "a whole civilization will die" — remarks that drew sharp criticism and even impeachment calls from some former political and financial allies.