Trump's Iran Deal Uncertainty Sends Bitcoin Price into Headline Risk Limbo

BTC is trading near $76,900 after a 1% drop over the past 24 hours. The price action is largely driven by geopolitical headlines that create headline risk.

President Trump's claim that Iran wants to make a deal has created uncertainty in markets. US equities had already whipsawed on the news before Trump's statement, with $570Bn flowing back into stocks within three hours after more than $600Bn was erased earlier in the session.

Oil prices remain above $100 a barrel, and regional fighting continues despite diplomatic efforts.