Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes

Bitcoin climbed toward $82,000 alongside a more than 1% rise in Nasdaq futures amid reports of progress toward a U.S.–Iran memorandum of understanding. What to know : Global risk assets rallied and oil prices slumped after reports of progress toward a U.S.–Iran memorandum of understanding aimed at ending the war. Bitcoin climbed toward $82,000 alongside a more than 1% rise in Nasdaq futures, while WTI crude futures fell about 6 percent to $95.28 a barrel. Hopes that a deal could normalize oil flows through the Strait of Hormuz lifted sentiment, though some analysts remain skeptical that Iran will make lasting nuclear concessions.