#BitcoinBouncesBack Will an agreement between the US and Iran contribute to the further growth of cryptocurrencies?


Likely, such an agreement creates a positive macro environment for the crypto market, but does not guarantee long-term growth.
A reduction in geopolitical tensions usually shifts markets into “risk-on” mode, and some capital may flow into Bitcoin and other crypto assets as risky assets.
At the same time, falling oil prices reduce inflationary pressure, which reinforces expectations of a more dovish monetary policy — historically supporting BTC.
But if markets decide that this is already a “played positive,” profit-taking may occur after a sharp move.
In other words, in the short term — yes, the agreement may support growth, but the long-term trend will still be determined by the Fed rates, liquidity, and the influx of institutional capital.
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