Iran May Contemplate Constraints on Uranium Enrichment, Bitcoin Nears $106K

Amidst the ongoing conflict between Israel and Iran, a senior Iranian official has indicated that Iran is prepared to discuss restrictions on its uranium enrichment. European powers' role in discussions has increased as Iran is hesitant to engage with the US in the light of Israeli attacks. Despite these geopolitical tensions, Bitcoin's price has remained steady around $106,000. The market appears to anticipate a de-escalation, with Bitcoin rising over 1.5% in the last 24 hours, a trend mirrored by the majority of the altcoin market.

The situation is further compounded by US President Donald Trump's announcement that a decision regarding US military involvement will be made in the next two weeks, causing a more than 3% drop in oil prices. The situation continues to evolve.