US-Iran Nuclear Talks Drive Bitcoin and Gold Lower

Bitcoin and gold prices declined on Tuesday as investors monitored escalating geopolitical tensions ahead of renewed U.S.-Iran nuclear negotiations in Geneva. The pullback followed comments from U.S. President Donald Trump, who warned Iran of “consequences” if no agreement is reached, while signaling he would be indirectly involved in the February 17 discussions. U.S. stock futures also moved lower, reflecting cautious sentiment across global markets.

Speaking aboard Air Force One, said he remained positive about the prospects for a deal but cautioned that Tehran would face consequences if negotiations fail. His remarks came as diplomatic preparations intensified in Geneva for a second round of indirect talks between Washington and Tehran.

Tensions have risen alongside military activity in the region. The United States has deployed a second aircraft carrier to the Middle East, while Iran has conducted military drills in the Strait of Hormuz amid what officials describe as a significant U.S. naval buildup.

Oman continues to play a mediating role. Oman’s Foreign Minister Badr Al Busaidi met Iran’s Foreign Minister Abbas Araghchi in Geneva to prepare for the talks. According to from Oman’s Foreign Ministry, both sides affirmed the need to advance mutual understanding toward a satisfactory agreement and reiterated support for dialogue.

Separately, U.S. Secretary of State Marco Rubio said in Budapest that reaching a deal with Iran would be difficult, though Washington remains willing to pursue negotiations. Araghchi also met Rafael Grossi, head of the International Atomic Energy Agency, to discuss technical cooperation and aspects of the upcoming talks.

Financial markets showed signs of strain ahead of the diplomatic meeting. Gold prices fell below $4,930, marking a second consecutive session of losses alongside a stronger U.S. dollar. Bitcoin also extended its decline during the same period, trading at $68,194 at the time of writing.