Bitcoin, stocks rise, oil slides, after report of Iran's willingness to end conflict

Iran's President Masoud Pezeshkian said the country is prepared to end the conflict if it receives security guarantees. What to know : Bitcoin rose to $67,800, in tandem with 3% gains for U.S. stocks, after reports of comments by Iran’s President Masoud Pezeshkian hinted at eased geopolitical tensions. Pezeshkian reportedly signaled Iran would be willing to end the conflict in exchange for security guarantees, raising hopes for a diplomatic off-ramp and reducing fears of a wider regional war. Shares of crypto-linked firms rallied, with Coinbase up more than 6% and Robinhood up 5%, even as concerns linger over a 35% increase in gas prices since the war with Iran began.