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The ceasefire agreement is about to expire, Iran remains uncompromising, market concerns about escalating tensions, Bitcoin strengthens against the trend

BlockBeats news, April 21st, last night and this morning, Trump repeatedly stated that the ceasefire agreement is set to expire on Wednesday evening Washington time, and it is “extremely unlikely” that the ceasefire agreement will be extended.

At the same time, Trump said that Vance will travel to Pakistan later on Monday, and “the Strait of Hormuz will not be opened until the agreement is signed.” On the other hand, Iran insisted on “not backing down” during U.S. stock market hours, stating that “the decision not to participate in negotiations has not changed.” However, U.S. media reported that “the Iranian delegation will arrive on Tuesday morning, close to the arrival time of the U.S. delegation.”

Affected by Iran’s tough stance, according to Bitget market data, the S&P 500 closed down 0.24% on Monday, the Nasdaq fell 0.26%, and the Dow Jones Industrial Average remained essentially flat. Crude oil varieties saw slight gains, with Brent crude rising 2.51%, currently at $90.39.

Bitcoin showed relative strength, possibly boosted by Strategy’s significant increase in holdings. According to HTX market data, Bitcoin broke through $76,000 again this morning, currently at $75,853.42, with a 24-hour increase of 0.19%.

Investors are currently highly focused on whether the U.S.-Iran situation will escalate again. Over the next day or two, whether the Iranian delegation can appear in Islamabad in time and whether peace talks can resume are the main market concerns.