Bitcoin reacted to the preliminary US‑Iran agreement announced this weekend, a diplomatic step that eased some geopolitical tension but left crypto investors cautious. The digital asset hovered near $66,000 before retreating, highlighting the market's measured response.
Geopolitical Shift and Energy Prices
The United States and Iran disclosed a provisional accord that could reopen the Strait of Hormuz, prompting oil prices to tumble sharply. The drop in energy costs sparked optimism in Asian and U.S. equity markets, where investors expect easing inflation and more room for central banks.
Crypto Market Reaction
Despite