Oil prices fall and crypto prices surge; easing geopolitical tensions have pulled risk appetite back, but ETF flows are still running—how far this rebound can go depends on whether the 63,700 support level can hold.

Crypto World News: Bitcoin rebounded to $65,000 after falling to a two-month low in oil prices. On June 15, Bitcoin's intraday high was approximately $65,995, about a 10% increase from the low of around $60,000 on June 6. This rally occurred after news of the United States reaching a peace agreement with Iran, easing the risk of supply disruptions in the Strait of Hormuz. Oil prices dropped over 5%, to about $80 per barrel, and global stock markets also rose accordingly. Despite the rebound in Bitcoin, institutional participation remains a concern, as since May 15, the US spot Bitcoin ETF has recorded only two days of net inflows, with a total net outflow of approximately $5 billion during that period. Analyst Kamile Uray stated that as long as Bitcoin stays above the $63,707 support level, the upward trend can continue.