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US and Iran near agreement to extend ceasefire by 60 days as crypto markets watch closely

US and Iran near agreement to extend ceasefire by 60 days as crypto markets watch closely

The United States and Iran are reportedly close to agreeing on a 60-day extension of their ceasefire, according to mediators involved in the negotiations. If finalized, the deal would mark the most significant stabilization effort since hostilities were announced around late February 2026, and would push the truce well into the summer months.

From two weeks to two months

The original ceasefire was initiated on April 8, 2026, brokered by Pakistan and initially expected to last just two weeks. Rather than collapsing, the truce held, and the Trump administration announced multiple extensions, including what was described as an indefinite extension in late April.

Now, the push is to lock in something more concrete: a…

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