US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high.
Technical Analysis
Bitcoin nears $66K as Trump says US has peace deal with Iran. US President Donald Trump's announcement of a peace deal for the Strait of Hormuz sends Bitcoin to a two-week high, impacting market sentiment and highlighting the cryptocurrency's role in volatile economic times. For professionals, this demonstrates the potential for geopolitical events to influence crypto markets. What to watch next: Global economic reactions and how other assets perform in tandem with Bitcoin.
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