US and Iran sign initial deal to end war, ease sanctions, and open strait as nuclear talks continue

The US and Iran signed an initial deal to end their war, ease sanctions, and open the strait as nuclear talks continue. Mediated by Pakistani Prime Minister Shehbaz Sharif, the agreement takes immediate effect. This preliminary deal has eased global tensions, impacting energy markets and causing Bitcoin to rally. The situation highlights the growing sensitivity of cryptocurrency to geopolitical shifts following the signing by Trump and Iran's president to reduce conflict and stabilize regional relations.