Iran denied that direct talks were underway, leaving markets without confirmation from either side. This kept traders focused on fresh political developments rather than settled policy changes. remained highly sensitive to updates tied to the conflict.
CryptoQuant analyst Axel Adler Jr. said Bitcoin would “likely remain headline-driven” until the United States and Iran provide a “public de-escalation signal.” The statement reflected the current trading environment, where price action continues to shift with each new report.
Broader market sentiment stayed cautious even after the bounce. The Fear and Greed Index remained in the “Fear” zone, a sign that many investors were not yet ready to chase the move higher. The rebound helped ease some of the pressure seen earlier in the week. Even so, it was not enough to shift the overall tone across the market.