Bitcoin, XRP Rise Amid Trump-Iran Deal Talk

09.07.2026 · By Bernal Fintech Markets Desk

Bitcoin and XRP rose amid renewed U.S.-Iran tensions and remarks from President Donald Trump suggesting Iran seeks a deal. Following U.S. military strikes on Iranian positions, Trump indicated Iran had reached out to negotiate, sparking a rebound in crypto markets.

On Thursday, U.S. stock futures climbed as military tensions escalated, with Bitcoin maintaining a price above $62,000. XRP, however, had previously tumbled 4% after Trump terminated a ceasefire agreement earlier in July, calling Iranian leadership ‘scum’ and ending diplomatic talks. The recent shift in rhetoric appears to have influenced market sentiment, with both Bitcoin and XRP seeing gains.

Market Reactions and Context

The U.S. Central Command confirmed the completion of strikes on Thursday, which were part of a broader escalation in U.S.-Iran tensions. Despite the volatility, Bitcoin and Ethereum remained relatively stable, with Bitcoin up 1.6% for the week. Gold prices, however, fell for a fourth consecutive day, while oil prices rose for a third day, reflecting the complex interplay of geopolitical and economic factors.

Trump’s comments at the NATO Summit in Ankara suggested a potential shift in U.S. policy toward Iran, with the president indicating that Iran is eager to negotiate a deal. This development appears to have influenced investor sentiment, leading to a rebound in crypto assets. However, the situation remains fluid, with the potential for further volatility depending on the outcome of diplomatic efforts.

What it means for markets

The renewed diplomatic overtures from Iran and Trump’s remarks could signal a potential de-escalation in tensions, which may lead to a more stable environment for global markets. However, the situation remains uncertain, and investors should monitor developments closely for further market movements.