Bitcoin price recovered over $64,000 after Pakistan said a US-Iran peace deal could be finalised within 24 hours, giving crypto markets a short-term lift after days of geopolitical tension.

Pakistani Prime Minister Shehbaz Sharif said the two sides were “closer to a peace deal than ever before.” He said Pakistan was preparing for an electronic signing once the deal is finalised, with technical-level talks expected next week.

The statement gave traders a clearer de-escalation signal. Crypto prices moved higher soon after, although the market reaction remained measured.

A Relief for Bitcoin?

Bitcoin traded around $64,100, up roughly 1.2% to 1.4% over 24 hours, based on major market trackers. The total crypto market…