Crypto Prices Rise Amid U.S.-Iran Peace Deal Speculation

Crypto prices edged higher on Monday as prediction markets increased the odds of a near-term U.S.-Iran peace deal, with Iranian negotiators arriving in Doha for talks. Bitcoin rose 1.6% to $77,500, while ether gained 1.4%, and the CoinDesk 20 index added 1.56%, according to CoinDesk. Traders on Polymarket raised the probability of a permanent deal this month to 37%, up from 14% on Friday, with odds at 46% by early June and 72% by the end of July. The market has seen $178 million in volume. The discussions focus on the Strait of Hormuz and enriched uranium, with Pakistan and Qatar mediating.