by Coinstrooper Crypto Articles
Quick Take
  • The clash surfaced as both sides signaled a broader agreement was close, one that would replace a fragile 60-day ceasefire.
  • Trump said on Truth Social that the agreement would be signed on Sunday and that the Strait of Hormuz would open to all traffic immediately after.
  • This post came after Pakistan, acting as mediator, struck an optimistic tone.
  • Prime Minister Shehbaz Sharif said the parties were closer than ever and that Islamabad was preparing for an electronic signing.

What Happened

“A notable point is that Sunday coincides with June 14, Trump’s birthday. Some observers consider it likely that, through this insistence, he is seeking to exploit the occasion symbolically and turn it into a publicity event for himself. But given the clear position of Iranian officials that the agreement is not finalized, it appears our country’s negotiators are aware of these hidden layers and will not allow such a media and ceremonial maneuver,” the statement read.

Market Context

Oil and Crypto Markets Brace for Monday

The dispute leaves markets waiting for confirmation when trading resumes Monday. A signed deal could pull oil prices lower after they climbed during the conflict.

Crypto markets have already reacted to the headlines. Bitcoin (BTC) traded near $64,460, up about 1.56% over 24 hours, while the total crypto market rose roughly 1%.

Why It Matters

The clash surfaced as both sides signaled a broader agreement was close, one that would replace a fragile 60-day ceasefire.

“We are closer to a peace deal than ever before. With finalisation likely expected in the next 24 hours,” the post read.

The Islamic Revolutionary Guard Corps (IRGC) described the timeline as a test for Iran’s negotiating team and said the memorandum was not yet finalized. The Guard linked Trump’s insistence to his birthday, suggesting a publicity motive.

A confirmed agreement could extend the relief move. Any delay or fresh clash, in contrast, could pressure oil and digital assets again.

Details

Iran has disputed US President Donald Trump’s claim that a deal ending the war will be signed on Sunday, with the Islamic Revolutionary Guard Corps calling the timeline false and the framework unfinished.

US and Iran Split on the Deal Signing Date

Trump said on Truth Social that the agreement would be signed on Sunday and that the Strait of Hormuz would open to all traffic immediately after.

This post came after Pakistan, acting as mediator, struck an optimistic tone. Prime Minister Shehbaz Sharif said the parties were closer than ever and that Islamabad was preparing for an electronic signing.

Tehran pushed back fast. A source cited by Iran’s Fars News Agency called reports of a finalized deal on Sunday completely false.

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Reopening the Strait of Hormuz would ease supply fears, since the waterway carries a large share of global crude shipments.

The recovery followed Pakistan’s 24-hour signing claim. However, sentiment stayed cautious, with the Crypto Fear and Greed Index near 18.

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The post Iran Contradicts Trump on Timing of Peace Deal Signing appeared first on BeInCrypto.