Bitcoin experienced a slight decline due to uncertainties surrounding the Middle East conflict, leading to weakened demand for risk assets. However, cautious optimism in the market regarding a potential peace agreement between the U.S. and Iran helped limit the downside. President Trump indicated that the United States and Iran are nearing a deal, with negotiations potentially resuming this weekend. Concurrently, a 10-day ceasefire between Israel and Lebanon has taken effect. Nevertheless, reports suggest that both the U.S. and Iran have scaled back expectations for a comprehensive peace agreement, instead focusing on an interim memorandum to prevent further escalation of the conflict. Additionally, the United States continues its blockade of Iranian ports, prolonging disruptions to energy supplies. According to data from the London Stock Exchange Group, Bitcoin fell by 0.5% to $74,851.