Bitcoin Drops Below $72,000 as US-Iran Talks End Without a Deal

Key Takeaways

• BTC drops back under $72,000.
• Vance left Pakistan without a deal after 21 hours of talks.
• Hormuz strait remains a point of “serious disagreement”.
• RSI at 36.
• Trump: “makes no difference to me” whether a deal is reached.

What Happened

According to CNN, JD Vance announced Sunday that his negotiating team was leaving Pakistan without reaching a deal, ending 21 hours of direct US-Iran talks that represented the highest-level face-to-face engagement between Washington and Tehran in decades. The talks addressed the Strait of Hormuz, nuclear development, war reparations, and sanctions. None of those issues reached resolution.

Iran’s semi-official Tasnim news agency reported that the Strait of Hormuz remains among the main points of serious disagreement. Iranian foreign ministry had warned before the talks that success depended on Washington avoiding what it called e...