Relief in Sight for Bitcoin? Trump Says Iran Deal Could Be Signed Sunday But Tehran Disagrees.

Bitcoin traders are keeping a close eye on the latest headlines out of the Middle East. Over the weekend, former U.S. President Donald Trump claimed that a peace deal with Iran could be signed as soon as Sunday, adding that the strategic Strait of Hormuz would reopen immediately afterward. That would be a big deal about 20% of the world’s oil passes through that waterway.

If the strait reopens, energy prices could ease, which might lower inflation pressures and boost risk appetite across markets, including crypto. That’s why some analysts, like Michaël van de Poppe, think a confirmed peace deal could send liquidity flowing back into Bitcoin and other risk-on assets.

But here’s the catch: Iran isn’t on board with Trump’s timeline. A spokesperson for Tehran’s foreign ministry said Sunday is off the table, though they didn’t rule out an agreement later. So for now, uncertainty remains.

Bitcoin is currently trading around $64,200, up slightly on the day. Still, caution lingers. Spot Bitcoin ETFs saw over $315 million in net outflows last week, and Galaxy Research warns that a long term bottom for BTC might sit between $40,000 and $46,000 by late 2026 unless fund flows turn around.

In short: a peace deal could spark a short-term relief rally, but traders are still waiting for clearer signals from both politics and capital markets. Next stops to watch? Oil prices and ETF data.