Crypto markets moved higher in the short term after a Reuters report said mediators are expected to hold separate talks with the United States and Iran on Monday or Tuesday, according to an official familiar with the negotiations. The report added that Iran’s foreign minister and Qatari mediators will remain in the United States.
A separate source familiar with the matter said the talks will focus on a revised version of Iran’s seven-day proposal, which was presented on the sidelines of the United Nations General Assembly. After the report was published, both U.S. crude and Brent crude fell by about $1 in quick trading, to $93.92 and $99.82 a barrel, respectively. Stocks and cryptocurrencies also rose in the short term.
Crypto markets saw a short-term rise after Reuters, citing an official familiar with the negotiations, reported on Sept. 28 that mediators are expected to hold separate talks with the United States and Iran on Monday or Tuesday.
According to the report, Iran’s foreign minister and Qatari mediators will remain in the United States. A source familiar with the talks said the discussions will center on a revised version of Iran’s seven-day proposal, which was put forward on the sidelines of the United Nations General Assembly.
After the news was published, both U.S. crude and Brent crude dropped by about $1 in quick trading, reaching $93.92 and $99.82 per barrel. Stock markets and cryptocurrencies moved higher shortly afterward.
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