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Trump Propels US-Iran 'Ceasefire Letter' Negotiation, Bitcoin Leads Altcoin Surge, US Stock Market Sees Gains

2026.05.21 07:32:07

May 21. U.S. sources confirmed Trump has told Netanyahu a mediator is drafting a "letter of intent" for the U.S. and Iran to sign—this would formally end their conflict and kick off 30-day talks covering Iran’s nuclear program and opening the Strait of Hormuz. Trump warned Iran that if it doesn’t give a "100% correct response," the situation will escalate rapidly, noting either way, things will wrap up quickly. Iran’s Tasnim News Agency added the U.S. replied to Iran’s 14-point proposal submitted three days ago; Iran is reviewing the new U.S. proposal and has yet to respond. Pakistani mediators are helping bridge gaps, but no final agreement is in place. From HTX market data: Bitcoin edged higher to $77,436, up 0.77% over 24 hours. Altcoins are also rallying: FIDA is at $0.03455, gaining 64.82% in 24 hours; EDEN at $0.1191, up 43.73%; JTO at $0.5288, up 28.71%. U.S. stocks closed Wednesday with the Dow up 1.3%, S&P 500 rising 1.08%, Nasdaq climbing 1.5%. Micron (MU.O) jumped 4.7%, Nvidia (NVDA.O) added 1%, Tesla (TSLA.O) rose 3%, and Intel (INTC.O) advanced 7%.
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