Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4%

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4% An Israeli TV report said a one-month ceasefire could be announced soon. By Stephen Alpher Mar 24, 2026, 8:48 p.m. Make us preferred on Google Bitcoin rose on report of possible ceasefire (Jakub Żerdzicki/Unsplash) A down day in crypto became slightly less so in the minutes since U.S. stocks closed for the session. According to Israeli Channel 12, a one-month ceasefire could soon be announced as part of a package being negotiated by White House envoys Steve Witkoff and Jared Kushner. Other terms of the deal reportedly include a dismantling of Iran's existing nuclear capabilities and that country's vow to "never seek" nuclear weapons. The news was felt most immediately in the oil market, with Brent Crude dropping from $104 to below $100 in a few minutes. Trading down throughout the day and sitting near $69,000, bitcoin BTC $ 69,903.07 quickly popped back to $70,000. Bitcoin News Breaking News More For You Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards By Krisztian Sandor , Helene Braun | Edited by Aoyon Ashraf 4 hours ago The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards. What to know : Circle shares fell as much as 18%, and Coinbase dropped about 8%, after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The proposed legislation would bar rewards on passive stablecoin balances and ban structures "economically equivalent to interest," threatening a key incentive... Read full story Latest Crypto News BlackRock sees AI driving crypto’s next bull phase as altcoin interest fades 31 minutes ago BNY Mellon CEO says the future of crypto runs through big banks 1 hour ago Wall Street’s crypto push has been years in the making, says Morgan Stanley 4 hours ago Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards 4 hours ago Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say 4 hours ago Why cautious TradFi firms love staked ether 4 hours ago Top Stories Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target 8 hours ago Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off 5 hours ago Tether hires a 'Big Four' firm for a full audit of USDT reserves 7 hours ago Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says 22 hours ago New York Stock Exchange taps Securitize to build its tokenized stock platform 8 hours ago Bitcoin may have already bottomed out near $60,000. Here’s why. 7 hours ago In this article BTC BTC $ 69,903.07 ◢ 1.41 %