Bitcoin and different main cryptocurrencies all fell round 2% late Saturday night U.S. hours after Vice President J.D. Vance introduced that U.S. and Iranian negotiators had did not comply with an prolonged ceasefire.
The events met in Pakistan Saturday to barter an settlement after the U.S.’s practically six-week lengthy marketing campaign in opposition to Iran. Vance stated at a press convention afterward that the U.S. had “not reached an settlement.”
Bitcoin traded arms round $71,600 as of press time, whereas ether (ETH) fell to about $2,200. XRP slid to $1.33, and the broader CoinDesk 20 index equally fell to 1,188.52 — every of those costs fell just below 2% within the rapid aftermath of Vance’s press convention.
“We have made very clear what our pink strains are, what issues we’re prepared to accommodate them on and what we’re not prepared to accommodate them on, and we have made that as clear as we probably might,” he stated.
Sticking factors included the U.S.’s insistence that Iran would “not search a nuclear weapon and they won’t search the instruments that will allow them to rapidly obtain a nuclear weapon,” Vance stated in response to a press query.
Esmaeil Baqaei, the spokesperson for Iran’s Ministry of Overseas Affairs, stated in a publish on X (previously Twitter) that “quite a few messages and texts have been exchanged.”
“Up to now 24 hours, discussions have been held on numerous dimensions of the primary negotiation subjects, together with the Strait of Hormuz, the nuclear challenge, conflict reparations, lifting of sanctions, and the entire finish to the conflict in opposition to Iran and within the area,” he stated.
UPDATE (April 12, 2026, 02:46 UTC): Provides Iranian official’s publish.