Bitcoin Holds Near $63,400 as Iran Strait Closure, US-Iran Deal Hopes Hit Oil, Dollar, Gold

Bitcoin was reported around $63,400 on Friday as Iran said the Strait of Hormuz remains closed despite U.S. President Donald Trump’s claim of a “great deal”. In related market coverage, the U.S. dollar weakened after Trump announced an imminent Iran peace agreement, while crude oil prices fell, reflecting shifting expectations across global markets ^{[1] [2]}.

Oil prices continued to decline amid prospects for a potential U.S.-Iran peace deal that could affect global energy flows and pricing. Other reporting also pointed to a broader move in risk-sensitive assets, including European airline stocks rising following the oil pullback linked to de-escalation rumors, while gold posted a second weekly drop amid ongoing U.S.-Iran diplomatic negotiations ^{[3] [4] [5]}.