Bitcoin Reaches $83,105 on Reported US-Iran Diplomatic Deal Talks

Bitcoin climbed 2.19% to reach $83,105 following reports of a potential diplomatic agreement between the United States and Iran, which simultaneously sent Brent crude down up to 3.3%. The rally began on Tuesday when Bitcoin tapped $83,000, supported by reports of a Qatar- and Pakistan-mediated proposal to unlock roughly $6 billion in frozen Iranian assets for IAEA inspections. Institutional momentum also bolstered crypto markets, with BlackRock's iShares Bitcoin Trust recording $665.16 million in net inflows on Monday. However, Brent rebounded toward $110.40 after a diplomat denied the deal claims.