On the macro level, nine Federal Reserve officials expect interest rate hikes within the year, with the probability of a December hike rising to 78%.


BTC is now over $63,000, but the mining cost is as high as $78,000—about 20% of miners are unprofitable.
Geopolitical positives and macroeconomic negatives are competing against each other.
In the short term, implementation of agreements = decline in geopolitical premiums = recovery in risk appetite = short-term bullish for BTC.
But in the medium to long term? Every variable is a potential mine.
When the Iranian delegation left the session, BTC instantly dropped below $64,000.
In the next 60 days, this “leave-restart-leave” script might play out weekly.
Each time, it’s a panic sell-off.
“Peace is the script on the surface; chaos is the underlying geopolitical card.”
Signing agreements doesn’t mean the crisis is over.
These 60 days are a ceasefire, not peace.
They are a breather, not the end.
BTC-2.21%
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