Key Takeaways:
Bitcoin fell to $71,067 on April 12, 2026, after U.S.-Iran peace talks in Islamabad collapsed without a deal. The U.S. Navy deployed USS Frank Peterson and USS Murphy into the Strait of Hormuz to clear Iranian mines. Iran’s refusal to abandon its nuclear program ended negotiations, leaving roughly 2,000 vessels stranded in the Persian Gulf. Bitcoin Price Slides After Islamabad Negotiations End Without U.S.-Iran DealIran’s negotiating team in Islamabad included Mohammad-Bagher Ghalibaf, Abbas Araghchi, and Ali Bagheri. Trump said his representatives, including Special Envoy Steve Witkoff and Jared Kushner, spent nearly 20 hours in talks before returning without a deal. He credited Pakistani Field Marshal Asim Munir and Prime Minister Shehbaz Sharif with facilitating the session.
