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US-Iran draft deal sparks 30-day ceasefire talks, Bitcoin hits 3-month high at $82K

Market News
28 May 2026
Crypto Briefing
View Source
Bullish
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The US and Iran have drafted a memorandum outlining a 30-to-60-day ceasefire and negotiations on sanctions, nuclear oversight, and reopening the Strait of Hormuz, a key oil route. Iran promises to restore shipping traffic through the Strait within 30 days, while the US may lift its naval blockade. This easing of geopolitical tensions boosted Bitcoin to $82K, its highest in three months. Investors should watch for progress on shipping traffic and sanctions relief during the negotiation period.

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