Bitcoin steadies near $78K as Iran responds to U.S. peace terms

Iran has responded to a U.S. list of conditions for a possible peace deal, according to reports shared by The Kobeissi Letter. 

Tehran’s stated demands include an end to the war on all fronts across the Middle East, the lifting of U.S. sanctions, the release of frozen Iranian funds, compensation for war damages, and recognition of Iran’s sovereignty over the Strait of Hormuz.

The reported U.S. terms differ sharply. The list includes no compensation for Iran, no release of frozen assets, the transfer of 400 kilograms of uranium to the United States, and only one active nuclear facility. The ceasefire would also depend on further negotiations.

Bitcoin reaction remains cautious

Bitcoin (BTC) traded near $78,400, up 0.69% over 24 hours, based on crypto.news market data. Ethereum (ETH) traded at $2,190, while XRP, BNB, and Solana also posted small daily gains.

The short-term move showed limited relief, not a strong risk rally. Bitcoin remained down 2.94% over seven days, while Ethereum was down 5.81% over the same period. That gap shows traders still view the conflict as a market risk.

Crypto tracks Iran headlines

Crypto.news previously reported that Bitcoin held near $80,000 after President Donald Trump rejected Iran’s earlier peace response. BTC briefly dropped from $81,430 to $80,520 before rebounding above $82,000 within hours.

That pattern has repeated during the conflict. Peace signals have supported short relief rallies, while rejected proposals and military threats have pushed traders back into defensive positions. Earlier market updates said crypto remains sensitive to oil prices, the dollar, and Strait of Hormuz risk.

Notably, the Strait of Hormuz remains a key part of the market reaction. Crypto.news cited Reuters data showing the waterway carried about one-fifth of global oil and liquefied natural gas flows before the war began on February 28.