Rubio says Iran deal in days amid strikes; Bitcoin range-bound

US Secretary of State Marco Rubio said an Iran deal could be reached within “a few days” even as the US continues self-defense strikes on Iranian missile sites and vessels. US Central Command confirmed strikes on May 25 and 26. Iranian negotiators are in Doha, Qatar, discussing ceasefire extensions, reopening the Strait of Hormuz, and nuclear-related issues. Both sides acknowledged some progress, but disputes over draft-language wording are slowing momentum. Iran said a full agreement is “not imminent.” For crypto traders, the main linkage is oil and risk sentiment. The Strait of Hormuz carries about 20% of global oil flows, so any threat there can move energy prices quickly. In this cycle, escalation has tended to pressure Bitcoin, while de-escalation has supported rebounds. Bitcoin is trading in a wide band of roughly $63,000–$72,000. $63,000 has held as a local floor across multiple rounds of escalation. However, another breakdown in talks—paired with expanded military operations—could test it again. Key watch items in the coming days: (1) whether draft-language disputes are resolved, (2) whether US strikes continue during negotiations, and (3) how oil markets respond. A real diplomatic breakthrough could lift Bitcoin toward the top of its range; renewed escalation could drive further downside.