Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes

Bitcoin climbed toward $82,000 while Nasdaq futures rose over 1% as reports emerged of progress toward a U.S.–Iran memorandum of understanding aimed at ending the war. Oil prices crashed 6% to $95.28 per barrel on hopes that a peace deal could normalize oil flows through the Strait of Hormuz, which has been disrupted since late February. The reported draft agreement includes negotiations between U.S. envoys and Iranian officials, with Iran reportedly agreeing to remove highly enriched uranium from the country, though some analysts remain skeptical about the durability of any lasting concessions.