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<a href="https://jpyxx.com/btc-usd/">Bitcoin</a> Reclaims $74,000 as Trump and Iran Pitch 2 Very Different Deal Terms

On Friday, Bitcoin’s price rose above $74,000 as traders became more optimistic about a potential ceasefire between the United States and Iran, despite public disagreements between the two countries about the terms of any agreement.

As an analyst, I’ve been tracking Bitcoin’s price, and it recently traded around $74,161, a roughly 1.1% increase over the past 24 hours. This move seemed to be influenced by reports that former President Trump had indicated a potential agreement was being drafted. However, conflicting information coming from both sides prevented any final deal from being reached, leaving the situation unresolved.

Trump and Iran Outline Different Versions of the Same Draft

Trump stated that Iran needs to permanently give up its nuclear weapons program, ensure free passage through the Strait of Hormuz without charging fees, and permit the U.S. to retrieve enriched uranium that remains buried following a bombing raid last year.

President Trump stated that Iran needs to guarantee it will never develop nuclear weapons. He also announced he would be meeting with his national security team in the Situation Room to make a final decision on the matter.

— The White House (@WhiteHouse) May 29, 2026

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He stated that no payments would be made for the time being, and he was going to the Situation Room to make a final decision.

Iranian officials quickly responded through Fars News, disputing several key points. They stated they want $12 billion in frozen assets released immediately, a ceasefire in Lebanon before any agreement, and guarantees that there will be no requirements for free passage through the Strait of Hormuz or for the US to oversee the destruction of their uranium.

Iran has officially responded to a post by Donald Trump on Truth Social, offering a detailed counterargument. According to Iran, Trump’s account of a potential deal is inaccurate. Specifically, Iran states the agreement would *not* guarantee free passage through the Strait of Hormuz, would not involve the destruction of their uranium stockpile, and included two additional points Trump failed to mention. The response also highlights that $12 billion in frozen Iranian assets would have been released upfront.

— Mario Nawfal (@MarioNawfal) May 29, 2026

This disagreement is similar to past rumors about a deal involving Hormuz, which initially boosted crypto markets but ultimately disappointed investors when the details were revealed and contested.

The $300 Billion Question Trump Did Not Mention

I recently came across a draft proposal, as reported by The New York Times, outlining a $300 billion fund intended to rebuild Iran. US negotiators are framing this not as direct aid, but as an international ‘investment fund.’

Iran has framed the package as war reparations, while Washington has avoided that label.

According to the Kobeissi Letter, the US is helping to set up what’s being described as an international investment fund. This development occurs as Iran is requesting compensation to bring the conflict to an end.

Trump’s post made no reference to the fund, which clashes with his “no money exchanged” framing.

Similar secret Iran deal rumors lifted equity futures earlier this month.

Iranian officials apparently cautioned that Trump might distort details of their private conversations to present himself as the winner.

Markets Bet on De-escalation, but Trust Stays Thin

Cryptocurrency markets went up after news suggested the Strait of Hormuz might reopen, potentially leading to lower oil prices and reduced inflation.

Experts believe that changes in oil prices due to events in the Middle East, specifically around the Strait of Hormuz, are a key factor influencing Bitcoin’s availability and trading activity.

Bitcoin has dropped about 3.6% in the last week, a pattern similar to what happened when tensions with Iran flared up during Trump’s presidency in a previous market period.

Whether or not the proposed agreement moves forward relies on progress over the next 60 days regarding the release of assets, the extent of the ceasefire, and transparency about the reconstruction fund.

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2026-05-29 21:01