Bitcoin falls after Trump reportedly canceled Steve Witkoff and Jared Kushner's Iran-talks trip

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin falls after Trump reportedly canceled Steve Witkoff and Jared Kushner's Iran-talks trip Trump is expected to speak at his crypto conference in Palm Beach shortly. By Helene Braun | Edited by Aoyon Ashraf Apr 25, 2026, 4:20 p.m. Make preferred on (Jacquelyn Martin - Pool/Getty Images) What to know : Bitcoin slipped about $100 to $77,351 late Friday morning after former President Donald Trump said he had halted a planned diplomatic trip tied to Iran talks. Trump canceled a trip by envoys Steve Witkoff and Jared Kushner, who had been expected to travel to Pakistan for a new round of discussions involving Iran. The pullback in bitcoin was modest, suggesting traders saw it as a short-term geopolitical risk rather than a change in the broader market outlook, as they await further U.S. and Iranian statements and Trump’s scheduled speech at a crypto conference. Bitcoin BTC $ 78,097.57 edged lower late morning on the U.S. East Coast after U.S. President Donald Trump's comments signaled a halt to planned diplomatic travel tied to Iran talks. The largest cryptocurrency dropped about $100 to $77,351 just before noon ET, reversing a modest earlier gain. The move came minutes after a Fox reporter posted Trump’s remarks on X, where he said he had canceled a trip by envoys Steve Witkoff and Trump's stepson, Jared Kushner. “I've told my people a little while ago they were getting ready to leave, and I said, ‘Nope, you're not making an 18 hour flight to go there. We have all the cards. They can call us anytime they want, but you're not going to be making any more 18 hour flights to sit around talking about nothing’,” Trump said, according to the post. Witkoff and Kushner had been expected to travel to Pakistan for a new round of talks involving Iran. The shift came only hours after Abbas Araghchi, Iran’s foreign minister, left Pakistan , a detail that had fueled disappointment over expectations for near-term discussions. However, the decline in BTC was limited, suggesting markets viewed the development as a short-term risk signal rather than a shift in the broader outlook. Market participants will likely watch for follow-up statements from U.S. officials and any response from Iran. Trump is expected to speak at a crypto conference in Palm Beach around noon Eastern time. More For You BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet By Omkar Godbole | Edited by Aoyon Ashraf 10 hours ago IBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S. What to know : IBIT options open interest topped Deribit on Friday, signaling rapid institutional adoption of regulated crypto derivatives in the U.S. Positioning differs across markets: IBIT flows appear slightly more bullish than Deribit's BTC options. Despite similar scale, IBIT and Deribit cater to different investor bases. Read full story Latest Crypto News Crypto is built for AI agents, not humans, says Alchemy's CEO 10 hours ago Trump defends crypto legislation at private event featuring boxer Mike Tyson, Tether CEO 10 hours ago BlackRock’s bitcoin ETF just hit a massive milestone that proves crypto is now a mainstream bet 10 hours ago How Anthropic’s Mythos model is forcing the crypto industry to rethink everything about security 12 hours ago Mike Tyson, Tether CEO, Cathie Wood among speakers at Trump's 'most exclusive' crypto conference 13 hours ago Bitcoin at $40,000 would be 'near-unprecedented' statistical outcome, analyst says 14 hours ago Top Stories Clock is ticking for bitcoin to prevent quantum threat as it could drain 6.9 million BTC including Satoshi’s 19 hours ago Coinbase’s Jesse Pollak says AI agents are the next big wave for crypto payments 16 hours ago U.S. CFTC adds New York to string of states its suing to stop prediction market pushback Apr 24, 2026 Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats. Apr 24, 2026 SpaceX's $75 billion IPO could drain the liquidity that's helping lift bitcoin and crypto Apr 24, 2026 Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve Apr 24, 2026 In this article BTC BTC $ 78,097.57 ◢ 0.72 %