Rising chances of a US-Iran deal are rotating money out of oil into risk assets. Crypto is one of the beneficiaries.
A peace deal would cut the Middle East risk premium in oil, freeing capital to flow into higher-risk investments.
Crude oil is down on peace talk optimism. Lower oil reduces inflation pressure, giving the Fed room to ease policy.
When geopolitical risk falls, capital flows into stocks and crypto. A Bitcoin tailwind even during fear conditions.
Peace talks have collapsed before. Wait for a signed agreement before making major portfolio moves on this news.