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 failed to agree to an prolonged ceasefire.
The events met in Pakistan Saturday to negotiate an settlement after the U.S.’s almost six-week lengthy marketing campaign towards Iran. Vance mentioned at a press conference afterward that the U.S. had “not reached an agreement.”
Bitcoin traded palms 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 slightly below 2% within the speedy aftermath of Vance’s press convention.
“We’ve made very clear what our red lines are, what things we are willing to accommodate them on and what we’re not willing to accommodate them on, and we’ve made that as clear as we possibly could,” he mentioned.
Sticking factors included the U.S.’s insistence that Iran would “not seek a nuclear weapon and they will not seek the tools that would enable them to quickly achieve a nuclear weapon,” Vance mentioned in response to a press query.
Esmaeil Baqaei, the spokesperson for Iran’s Ministry of Foreign Affairs, mentioned in a post on X (previously Twitter) that “numerous messages and texts have been exchanged.”
“In the past 24 hours, discussions were held on various dimensions of the main negotiation topics, including the Strait of Hormuz, the nuclear issue, war reparations, lifting of sanctions, and the complete end to the war against Iran and in the region,” he mentioned.
UPDATE (April 12, 2026, 02:46 UTC): Adds Iranian official’s publish.
