BTC rose 0.49% in 15 minutes as progress in U.S.-Iran ceasefire negotiations and the FOMC’s decision to leave interest rates unchanged drove a modest upward move.

From 12:15 to 12:30 on August 5, 2026 (UTC), BTC rose slightly by 0.49% over 15 minutes, with prices ranging from 64,194.5 to 64,588 USDT and an intraday range of 0.61%. The current price is approximately $64,404, up 0.71% over the past 24 hours. The overall market is showing a slight upward trend amid tight-range consolidation, with extremely low trading volume—only 189 BTC in 15 minutes—and limited volatility, as the intraday range remains below $1,000.

The primary driver of this move was progress in the US-Iran ceasefire negotiations. The United States and Qatar reported positive signals regarding a ceasefire involving Iran and the reopening of the Strait of Hormuz. Geopolitical risk premiums subsequently declined, oil prices fell 2%, the dollar weakened, and safe-haven sentiment cooled. Recovering risk appetite benefited crypto assets. Meanwhile, the FOMC kept interest rates unchanged for the fifth consecutive meeting, providing the market with stable monetary policy expectations.

In addition, the Trump administration refunded approximately $100 billion in tariffs, partially reducing trade policy uncertainty and stabilizing the macroeconomic environment. On-chain data shows that large investors continue to accumulate, while loss-driven selling by long-term holders may be nearing its end. CryptoQuant analysts noted that such behavior often occurs near market bottoms. Oil prices stabilized, while gold edged up to $4,081 per ounce. The “digital gold” narrative is benefiting from the broader macroeconomic backdrop of a weaker dollar. Technically, the market shows a weakly bullish setup, with short-term momentum tilted bullish but lacking trend strength, while the daily timeframe remains under pressure.

The key short-term catalyst to watch is the final 48-hour ultimatum window around August 7, as the trajectory of geopolitical risks will determine the direction of subsequent volatility. The rise lacks conviction given the extremely low trading volume—only 189 BTC in 15 minutes—and it remains important to watch for a breakout accompanied by increased volume. Support is at $63,600, while resistance is at $64,600–65,000. Investors should remain alert to short-term volatility risks and monitor on-chain fund flows and changes in macroeconomic news.