Bitcoin Holds $71,000 Support as U.S.-Iran Peace Talks Collapse
Bitcoin is trading at $71,603.9, holding firmly above critical technical support levels. The price stability comes as investors weigh the asset's role as a digital hedge against potential re-escalation in the Persian Gulf. This follows the collapse of 21-hour marathon peace talks between the U.S. and Iran in Islamabad, which ended without a resolution. Vice President JD Vance exited Pakistan without a nuclear commitment from Tehran, ending hopes for an immediate safe passage agreement for global energy. The breakdown of the summit injected fresh geopolitical volatility into global markets and sent traditional energy prices higher.
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