Crypto prices moved higher in the short term after Al Jazeera, citing U.S. officials, reported that Washington is still holding active discussions with Iran through intermediaries. The officials said no agreement will be reached unless the nuclear issue is resolved. According to the report, Donald Trump is prepared to ease sanctions on Iran and unfreeze its frozen assets in exchange for progress on the Iranian nuclear issue. Following the report, the crypto market rose briefly, while both U.S. crude and Brent crude fell by about $1 in short-term trading, quoted at $92.02 a barrel and $105.65 a barrel, respectively. The move tied a geopolitical headline to simultaneous reactions across crypto and energy markets.
BlockBeats reported on Sept. 29, citing Al Jazeera, that U.S. officials said Washington is continuing active discussions with Iran through intermediary channels. The officials added that no agreement will be reached if the nuclear issue is not resolved.
According to the report, Donald Trump is ready to ease sanctions on Iran and unfreeze its frozen assets in exchange for progress on the Iranian nuclear issue. After the headline, the crypto market moved higher in short-term trading.
At the same time, both U.S. crude and Brent crude dropped by about $1, trading at $92.02 a barrel and $105.65 a barrel, respectively.
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