The Iranian Parliament Speaker publicly called for a ceasefire in Lebanon and the release of frozen Iranian assets before the start of peace talks in Islamabad at the weekend.
Mohammad Baqir Qalibaf’s statement came just hours before Vice President J.D. Vance departed for Pakistani-brokered negotiations, exacerbating new uncertainty in the fragile diplomatic window.
Bitcoin’s ceasefire rally faces a test
Bitcoin (BTC) rose 5% to $72,700 on April 7 after President Trump announced a two-week ceasefire with Iran via Truth Social.
The move led to the liquidation of approximately $595 million worth of cryptocurrency futures contracts, with short sellers absorbing the bulk of the losses.
As of this writing, BTC is trading just below $73,000, riding the wave of ceasefire news and… Alleviating inflation concerns Which affected risky assets for weeks.
However, Pipit and Block-Scholes derivatives a report Released on April 10, it finds that sentiment remains cautious. Options markets appear Narrow downside premiums Without a decisive upward reversal.
Preconditions put the talks at risk
Ghalibaf, the speaker of Iran’s parliament, said that two “mutually agreed upon” conditions of the ceasefire framework remain unfulfilled.
Iran considers the ceasefire in Lebanon and the release of assets non-negotiable before sitting with the American delegation.
Trump at one time He said The New York Post reported that US warships would be reloaded if the talks failed.
The White House separately told Fox News that the president remains “optimistic that an agreement can be reached.”
A CNN report also noted that Trump had a tense phone call with Israeli Prime Minister Benjamin Netanyahu shortly before Israel announced steps toward direct ceasefire talks in Lebanon. Sources indicate that Trump pressured Netanyahu to stop the escalation, in part to meet Iran’s preconditions.
What does this mean for BTC?
BTC now sits at the top of the $65,000 to $73,000 range that has contained trading since the conflict began in late February.
A successful outcome from Islamabad could push BTC towards $75,000 to $80,000 as geopolitical risk premiums decline further.
However, the collapse of the talks threatens renewed unrest in Hormuz and a possible retest of the $68,000 support.
The next 48 hours of diplomacy will likely determine whether this week’s relief surge continues or declines.
“I think it will be positive. We’ll see. As the President said: If the Iranians are willing to negotiate in good faith, we are certainly willing to extend an open hand! If they try to play us, they will find that the negotiating team is not very receptive. We will try to have positive negotiations. The President has given us some very clear guidelines,” said US Vice President J.D. Vance. male.
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