Bitcoin climbs to $77,500 as Polymarket odds for a US-Iran agreement reach 37%, up from 14% last week.
Bitcoin rose 1.6% to $77,500 on Monday as traders reacted to rising odds of a US-Iran peace deal. Ether and the CoinDesk 20 index also gained, up 1.4% and 1.56%, respectively.
Polymarket odds for a permanent deal this month jumped to 37%, from 14% on Friday, with early June and July probabilities at 46% and 72%. The market has seen $178 million in volume. The shift follows President Trump’s statement that the agreement remains conditional.
Iranian negotiators, including the central bank governor, arrived in Doha for talks mediated by Pakistan and Qatar. The agenda includes the Strait of Hormuz and uranium enrichment.