Bitcoin Briefly Hits 10-Week High on Cautious Hopes for Iran War Peace Deal — Market Talk
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Bitcoin briefly rises to a 10-week high as cautious optimism over an Iran war peace deal improves risk appetite although the situation remains uncertain. President Trump said "we're very close to making a deal" with Iran and they might hold another round of discussions this weekend. Meanwhile, a newly struck cease-fire between Israel and Lebanon appeared to be holding which is key to any peace deal. "The broader macro backdrop remains supportive [for cryptocurrencies], with easing geopolitical tensions and steady equity markets helping stabilize sentiment, but flows indicate investors are not fully committing to the rally," Saxo Bank analysts say in a note. Bitcoin trades flat at $75,246 after rising as high as $76,336, LSEG data show. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260417002420:0/
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