Bitcoin rises past $69,000 as risk markets reverse big early losses on hope for Iran deal
CoinDesk
Bitcoin rebounded above $69,000 following a late-day market rally sparked by reports of a potential two-week ceasefire between Iran and Pakistan.Summary
Bitcoin surged past $69,000 on Tuesday, recovering from an earlier slide below $68,000 after an Axios report indicated Iran is positively considering a two-week ceasefire proposal. The rally occurred alongside a broader market recovery, including the Nasdaq, as investors reacted to geopolitical developments. This rebound followed earlier volatility triggered by comments from President Trump regarding the Strait of Hormuz, which had caused significant market anxiety.
(Source：CoinDesk)