A report suggesting a possible 45 day ceasefire may have played a key role in Bitcoin’s price jump on Monday. It also indicated that such an agreement could eventually bring a lasting end to the conflict involving Iran.
After a quiet weekend with little movement, Bitcoin’s volatility returned on Monday morning. The asset climbed sharply to about 69,600 dollars, reaching its highest level in several days.
One of the clearest drivers behind this sudden rise appears to be an Axios report, referenced by the Kobeissi Letter, which revealed that the United States, Iran, and regional mediators are exploring a potential temporary ceasefire lasting 45 days. This pause in hostilities could open the door to a permanent resolution of the conflict.
Sources familiar with the discussions described the effort as a final attempt to avoid large scale strikes on Iranian civilian infrastructure.
Earlier, Trump had issued a strong warning demanding that Iran reopen the Strait of Hormuz by Monday, later pushing the deadline to Tuesday. He cautioned that severe consequences would follow if no agreement was reached. He also referred to Tuesday as a day targeting critical infrastructure, including power plants and bridges, signaling possible escalation plans.
The report further explained that mediators are working on a two stage arrangement. The first stage would involve a 45 day ceasefire, during which negotiations would continue toward ending the war completely.
It also noted that Trump has presented several proposals to Iran in recent days, but these have not been accepted by the Iranian government. According to sources, the likelihood of even a partial agreement before the deadline is very low.
Financial markets reacted almost immediately. Wall Street futures initially dropped but quickly recovered their losses. Bitcoin, which had been trading around 67,000 dollars over the weekend, surged by more than 2,000 dollars to reach a multi day high of 69,600 dollars.
The key question now is what will happen once the deadline passes if no agreement is reached, as has occurred multiple times before. It remains uncertain whether the deadline will be extended again or if markets will respond to a potential escalation in conflict involving Iran.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
