US ready to meet Iran in Geneva Friday if Tehran submits nuclear proposal within 48 hours
US officials told Axios that American negotiators are prepared to hold a new round of talks with Iran in Geneva on Friday if Iran submits a detailed nuclear agreement proposal within the next 48 hours. A senior US official characterized the outreach as possibly the last diplomatic window offered to Tehran before President Trump pursues major US–Israel joint military action, which could target Iran’s top leadership. The Trump administration is reportedly awaiting Iran’s proposal; no details on the proposal’s contents or Iran’s response timeline were provided. The report frames the potential meeting as a time-sensitive diplomatic move amid heightened tensions.
Bearish
News that the US and Iran may resume talks on a tight 48-hour timetable amid warnings that this could be the last diplomatic window before possible US–Israel military action raises geopolitical risk. Elevated geopolitical risk typically increases demand for safe-haven assets (USD, gold) and reduces risk appetite, which often pressures crypto markets—especially higher-beta assets like Bitcoin and altcoins—leading to short-term sell-offs and higher volatility. Historical parallels: spikes in Middle East tensions (e.g., 2019–2020 incidents involving Iran, early 2022 Russia–Ukraine escalation) correlated with sharper intraday drops in crypto risk assets and flows into BTC/USDT stable pairs before partial recovery once shocks eased. In the short term, expect increased volatility, potential downward pressure on major cryptos, and flight to stablecoins. In the medium to long term, if diplomatic talks succeed and military action is averted, markets may rebound; if talks fail and conflict escalates, prolonged risk-off could hinder crypto price recovery and dampen institutional inflows.