On the evening of April 7, 2026, the United States and Iran reached an agreement for a two-week ceasefire. This move was confirmed by President Donald Trump, which immediately impacted the financial markets: Bitcoin surged and set a new local maximum, surpassing the $72,000 mark for the first time in a long while.
This is reported by Business • Media
Terms of the Temporary Ceasefire and Negotiation Details
According to media reports, direct negotiations between representatives of the US and Iran will take place in Pakistan on April 10. Iran has already presented a ten-point draft peace agreement to the American side. Among Tehran’s main demands are the complete lifting of sanctions, maintaining control over the Strait of Hormuz, the full withdrawal of American forces from the Middle East, and the cessation of attacks against Iran and its allies.
Additionally, unofficial sources indicate that the draft agreement includes a provision for Iran’s continued uranium enrichment with a commitment to refrain from developing nuclear weapons.
The ceasefire became possible after Pakistan’s intervention: Prime Minister Shahbaz Sharif proposed a two-week pause for diplomatic negotiations. Trump agreed to this proposal on the condition that Iran would unblock the Strait of Hormuz for international shipping.
“I agree to suspend bombings and attacks on Iran for a period of two weeks. This will be a mutual ceasefire. The reason for this is that we have already achieved and exceeded all military objectives and made significant progress toward reaching a final agreement for long-term peace with Iran and in the Middle East overall.”
It is also noted that there were discrepancies in the information landscape: Iranian media proclaimed their country the victor in the conflict, but Trump denied this statement, after which the official material was corrected, and now both sides consider themselves winners.
Financial Markets’ Reaction to the Ceasefire
The news of de-escalation had an immediate effect on the financial markets. Global indices began to rise, and the cryptocurrency sector showed particularly dynamic movements. Bitcoin reached a historical peak of $72,761, although it later corrected to $71,797 during the preparation of this material.
The oil market experienced a sharp decline: Brent prices fell by more than 10%. This movement was driven by expectations of stability in the Middle East and the restoration of trade routes.
It is worth noting that earlier, Wall Street experts predicted that a potential de-escalation between the US and Iran could lead to a so-called TACO moment, where markets would receive a positive impulse amid reduced geopolitical tension.