Trump Sends Mixed Signals on Iran Talks, Fueling Crypto Market Volatility

U.S. President Donald Trump has said he has no immediate plans to engage in direct talks with Iran over the ongoing war with Israel. His statement contradicts previous reports that the White House was planning a meeting to address Iran’s nuclear agenda.

President Trump made the remarks to journalists while returning from the G7 Summit 2025 in Canada.

Trump’s Contradictory Stance on Diplomatic Talks

In the interview, Trump stated that he wanted a definitive end to the war, not just a ceasefire. The President told reporters that he had already asked the Iranian leader, Ali Khamenei, to negotiate a deal to end the ongoing war.

His comments appear to walk back a previously planned meeting between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi. The proposed meeting aims to discuss a diplomatic initiative involving a nuclear deal and an end to the war between Israel and Iran. Trump did not categorically rule out the meeting despite expecting an outright end to the ongoing crisis.

Geopolitical Uncertainty Triggers Volatility in Crypto Markets

Crypto analysts observed how the ongoing Israel-Iran war would affect the cryptocurrency industry. The crypto market has experienced a volatile past five days since Israel started bombing Iranian targets, with the latter responding with attacks of their own.

Related: Crypto vs Conflict: Bitcoin Price Dips as US–Iran Rumors Escalate

Bitcoin surged 6% after the war began before retracing to reflect growing uncertainty in the crypto market. However, it is worth noting that crisis periods usually energize the crypto market, especially when any or both parties decide to explore alternative transaction means to purchase weapons and equipment to promote their agenda. That could boost Bitcoin’s demand and support the crypto market’s growth.

Related: Israel-Iran Driven Crypto Crash; Traders Watch if ETH Holds $2,400 and ADA Holds $0.58

Other crypto assets apart from Bitcoin have shown notable volatility since last weekend. However, the market’s overall outcome remains uncertain, even though many analysts expect the crypto ecosystem to experience a boost because of the ongoing crisis and several other underlying factors.