Friday, May 29, 2026
banner

Bitcoin (BTC) climbed back above $74,000 on Friday as traders priced in renewed hope that Washington and Tehran are inching toward a ceasefire, even while the two sides publicly disagreed on what the actual deal contains.

The pioneer traded near $74,161, up roughly 1.1% over 24 hours, after President Donald Trump signaled a draft framework was on the table. Conflicting accounts from each capital, however, kept a final agreement out of reach.

Bitcoin Price Performance
Bitcoin Price Performance. Source: BeInCrypto

Trump and Iran Outline Different Versions of the Same Draft

Trump said Iran “must agree” to permanently abandon nuclear weapons, reopen the Strait of Hormuz with no tolls, and allow the United States to remove buried enriched uranium left after a B-2 bomber strike last year.

Follow us on X to get the latest news as it happens

He added that no money would change hands “until further notice” and that he was heading to the Situation Room for a final determination.

Iranian officials responded within hours through Fars News, rejecting several core claims. In their rebuttal, Tehran wants $12 billion in frozen assets released up front, a Lebanon ceasefire as a precondition, and no clause requiring toll-free Hormuz passage or US-led uranium destruction.

The split echoes earlier Hormuz deal speculation that lifted crypto markets only to fade once disputed terms surfaced publicly.

The $300 Billion Question Trump Did Not Mention

The New York Times reported a draft framework that includes a $300 billion reconstruction fund for Iran, rebranded by US negotiators as an international “investment fund.”

Iran has framed the package as war reparations, while Washington has avoided that label.

“The program is being called an international “investment fund,” which the US would facilitate in the final deal. This comes as Iran demands “reparations” to end the war,” the Kobeissi Letter indicated.

Trump’s post made no reference to the fund, which clashes with his “no money exchanged” framing.

Similar secret Iran deal rumors lifted equity futures earlier this month.

Iranian officials reportedly warned that Trump would mischaracterize privately discussed terms to support a “victor” narrative.

Markets Bet on De-escalation, but Trust Stays Thin

Crypto markets rallied on the prospect of a Hormuz reopening, which would lower oil prices and ease inflation pressure.

Analysts have flagged the Hormuz oil price impact as the main bridge between Middle East headlines and Bitcoin liquidity.

Bitcoin’s seven-day chart still shows a 3.6% loss, mirroring sentiment swings tracked during Trump’s Iran strike pause earlier this cycle.

Bitcoin Price Performance. Source: TradingView

The draft memorandum holding depends on how the next 60 days handle asset releases, ceasefire scope, and any disclosure around the reconstruction fund.

The post Bitcoin Reclaims $74,000 as Trump and Iran Pitch 2 Very Different Deal Terms appeared first on BeInCrypto.

Markets,Bitcoin (BTC) News,Editor’s Pick,Geopolitics,Iran,Trump News#Bitcoin #Reclaims #Trump #Iran #Pitch #Deal #Terms1780078297

banner
crypto & nft lover

Johnathan DoeCoin

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar.

Follow Me

Top Selling Multipurpose WP Theme

Newsletter

banner
crypto & nft lover

Johnathan DoeCoin

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar.

@2022 u2013 All Right Reserved. Designed and Developed by PenciDesign