Bitcoin Rises 0.97% as US-Iran Deal Outcome Expected in 48 Hours

Bitcoin gains 0.97% to $64,660 amid anticipation of US-Iran agreement resolution within 48 hours, while US equities show mixed results with tech sector volatility.

Woofun AI reports that Bitcoin is trading at $64,660, reflecting a 24-hour increase of 0.97%. This price action occurs as geopolitical developments unfold, with indications that the outcome of US-Iran negotiations will be revealed within 48 hours. While one Gulf official estimates a 50% probability of an agreement by Friday, Iranian officials have not acknowledged progress, and regional tensions persist with Houthi claims of attacks on Saudi oil infrastructure.

In traditional markets, US indices displayed mixed performance on Wednesday. The Dow Jones Industrial Average rose 0.49%, whereas the S&P 500 declined 0.17% and the Nasdaq Composite fell 0.8%. Individual stock movements were volatile, with SpaceX dropping 13.6% and AMD falling 7%, contrasted by a 3.4% gain for Nvidia and a 2% decline for SK Hynix.