CoinDesk·3 min read·medium

Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%

O
Omkar Godbole
Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%
AI Summary

Bitcoin prices rose above $65,000 as geopolitical tensions between the U.S. and Iran eased, leading to a drop in oil prices. Market participants are now focusing on upcoming Federal Reserve meetings and historical Bitcoin halving cycles to predict future price movements.

Bitcoin BTC $ 65,455.59 , the leading cryptocurrency by market value, is back above $65,000, with prices up about 1.2% over 24 hours. Ether (ETH) has risen by over 3% to nearly $1,950 alongside 1% to 2% gains in other top 10 token, including solana (SOL) and XRP (XRP).

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