Bitcoin Nears $66K After Trump Announces Iran Peace Deal
The move came as risk appetite returned across markets and oil prices fell after the interim peace deal eased inflation worries, analysts said.
- After the US and Iran announced a deal to end hostilities and reopen the Strait of Hormuz, Bitcoin surged to its strongest level in almost two weeks, according to Bloomberg.
- Capital analyst Daniela Hathorn said a durable agreement would lift a major macro overhang, positioning the Iran deal as a critical test for Bitcoin's behavior as a high-beta risk asset.
- Strategy shares rallied 7.23% to $132.93 at publication on Monday, according to Benzinga Pro, placing the stock among the day's strongest performers.
- Even after Monday's bounce, the stock remains 7.5% below its 20-day moving average at $144.50 and 13.6% below its 50-day at $154.79, signaling weakness.
- Key Resistance stands at $149.50, while Key Support anchors near the 52-week low zone of $104.17; price sits 31.9% beneath the 200-day moving average, keeping the long-term trend lower.
26 Articles
26 Articles
Peace negotiations between the US and Iran drive Bitcoin over $67.000. But while oil is crashing and Altcoins are celebrating, the agreement is already shaking again.
BTC, ETH, SOL price news: Bitcoin back under $67,000 as traders warn of Trump reversal
A US-Iran deal pulled oil lower and lifted stocks, but bitcoin's bounce is hesitant. ETF outflows just paused after a record run, and analysts say the market wants the deal signed before pricing it in.
Strategy Stock Soars With Bitcoin After U.S.-Iran Deal - Strategy (NASDAQ:MSTR)
Strategy Inc. (NASDAQ:MSTR) shares are moving higher Monday as crypto-linked stocks rally alongside a surge in Bitcoin (CRYPTO: BTC) following the US-Iran agreement to end hostilities. Strategy stock is among today’s top performers. Why is MSTR stock surging? Bitcoin Jumps On Iran Deal Bitcoin jumped to its strongest level in almost two weeks after the US and Iran announced a deal to end hostilities and reopen the Strait of Hormuz, according to…
Taiex soars to end above 45,000 points on U.S.-Iran peace deal
Taipei, June 15 (CNA) Shares in Taiwan surged more than 1,200 points and closed above the 45,000-point mark Monday on an announcement by the United States and Iran that they have reached a peace deal slated to be signed Friday, dealers said.
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