Crypto Market Recovers as Pakistan Facilitates U.S.–Iran Peace Talks
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The crypto market is recovering after seeing a significant crash yesterday. Bitcoin is leading this recovery, rallying towards $67,000 as Pakistan facilitates peace talks between the U.S. and Iran. The U.S. has also signaled that it has no immediate plans to invade Iran, which has provided a positive for the market. Crypto Market Rebounds as U.S.-Iran Peace Talks Provide Optimism The crypto market has rebounded today, with the total market reaching $2.3 trillion from an intraday low of around $2.26 trillion, according to TradingView data. The Bitcoin price is notably up almost 2%, rallying towards the psychological $97,000 level. Source: TradingView The crypto market recovery comes as Pakistan facilitates peace talks between the U.S. and Iran. It is worth noting that Pakistan was responsible for relaying the U.S. 15-point proposal to Iran, which Iran countered with conditions of its own to end the war. Meanwhile, in an X post, Pakistan’s Prime Minister Shehbaz Sharif revealed that he had a telephone conversation with Iranian President Masoud Pezeshkian regarding the U.S.-Iran war. He also mentioned that his country is engaging with the U.S., Gulf countries, and Islamic countries to facilitate dialogue and de-escalation. However, it remains uncertain when the U.S. and Iran could sit down for peace talks, with Pakistan proposing Islamabad as the venue for negotiations. It is worth noting that the crypto market recovery also comes as the U.S. has signaled that it has no immediate plans to invade Iran. This has helped allay fears that the U.S. was going to deploy ground troops into Iran soon after deploying more troops to the Middle East. Deploying troops into Iran risks escalating tensions in a war that is now entering its fifth week. Prices Still At Risk Of Decline The crypto market is still at risk of a larger decline as…
Filed under: News - @ March 28, 2026 3:25 pm