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Bitcoin jumps 1.6% amid rising hopes for a U.S.-Iran peace deal and easing oil route tensions.

Market News
25 May 2026
Coinpaper
View Source
Bullish
pluang ai news

Bitcoin's price rose 1.6% to around $77,500 following increased prediction-market odds that a U.S.-Iran peace agreement could be reached soon, with probabilities rising to 37% for this month. Talks in Doha focus on reopening the Strait of Hormuz, a key oil shipping route, which could ease crude market pressures and support risk assets like Bitcoin. Analysts watch Bitcoin's recovery zone between $76,600 and $78,500, with a break above $80,000 signaling stronger bullish momentum. Market data shows cautious stabilization with reduced selling pressure and renewed demand for leveraged long positions, while geopolitical developments remain key drivers.

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