Bitcoin Tops $65,500 as US-Iran Deal Reopens Hormuz

Bitcoin rose about 2% to roughly $65,800 after the United States and Iran reached a deal to end hostilities and reopen the Strait of Hormuz. Brent crude fell more than 4% toward $83 a barrel as energy-supply fears eased. Analysts said Bitcoin’s rebound may be limited by ETF outflows and recent sales by Strategy.
BTC4.69%
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