Bitcoin nears $80,000 as stocks rise and oil dips on Iran talks optimism

Bitcoin rose nearly 3% to about $78,700, approaching the key $80,000 resistance level amid improved risk appetite as U.S. markets opened. The cryptocurrency's climb coincides with rising stock markets and a slight drop in oil prices after Iran reportedly proposed restarting talks with the U.S., easing some geopolitical tensions. However, supply concerns remain due to ongoing Strait of Hormuz tensions and U.S. restrictions on Iranian crude exports. Traders are watching if bitcoin can break above $80,000, which could attract more buyers and potentially spark further momentum.