The price of bitcoin (BTC) once again positioned itself above $78,000 on May 1, 2026. The rise in the price occurs after — according to the Iranian agency IRNA — the Republic of Iran delivered a recent peace proposal to the United States, through Pakistan, in its role as mediator.
IRNA, in its publicationdoes not detail what this supposed peace agreement consists of. There it is explained that The current situation remains an “indefinite ceasefire” between Iran, the United States and Israel.
But these signs of a willingness to negotiate were enough for The market will position itself in bullish mode and the price of bitcoin will riseas seen in the graph below:
As CriptoNoticias has explained, There is special interest in the financial markets for the unblocking of the Strait of Hormuza maritime passage through which—in normal situations—one fifth of the world’s oil production passes.
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