BlockBeats reported on June 16, citing The Wall Street Journal, that officials from the Middle East and Europe said Iran has been urgently signaling its intent to end hostilities, resume negotiations over its nuclear program, and has sent messages to Israel and the United States through Arab intermediaries. These officials stated that Tehran has conveyed to Arab diplomats that they are willing to return to the negotiation table as long as the United States does not participate in airstrikes.
They also relayed messages to Israel, claiming that maintaining control over violence aligns with the interests of both sides. However, since Israeli warplanes have been freely flying over Iran’s capital and Iran’s retaliatory measures have caused minimal damage, Israeli leaders have little incentive to halt their attacks before undertaking further actions to destroy Iran’s nuclear facilities and weaken the control of Iran’s "theocratic government" over power.
Possibly influenced by this, Bitcoin experienced a short-term 0.4% increase.
