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US, Iran edge toward war-ending memo as crypto watches risk trade

US, Iran edge toward war-ending memo as crypto watches risk trade

Summary

  • The US and Iran are close to agreeing a one-page memorandum of understanding to end the current war and set up detailed nuclear talks, according to Axios.
  • The 14-clause draft would pause Iran’s uranium enrichment, ease sanctions, unlock billions in frozen funds, and gradually reopen the Strait of Hormuz to shipping.
  • De-escalation around Iran has repeatedly moved Bitcoin, gold, and oil this year, with prior ceasefire headlines helping push BTC back toward the $78,000–$79,000 range.

The White House believes it is “getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear…

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