The cryptocurrency market is reacting violently and has become a key economic “battlefront” between the United States and Iran. Bitcoin has recently shown a strong recovery following signals of a temporary peace agreement. After former President Donald Trump stated that the framework for a US–Iran peace deal was “mostly negotiated,” Bitcoin quickly reversed course, rising nearly 3% and trading around $76,900–$77,300. Earlier, when Trump warned that “time is running out” for Iran, Bitcoin was heavily sold off to a one-month low near $76,000, triggering over $657 million in derivatives liquidations within 24 hours. The easing of tensions has since sparked a return of capital into major altcoins, with assets like NEAR Protocol surging by around 15%. The US–Iran relationship is currently the most significant macro variable influencing crypto market flows this week. Any breakdown or official agreement emerging from Doha could immediately reshape Bitcoin’s next price direction. #USIranDealInLimbo #ICEBacksOKXOilPerps $BTC