Bitcoin Recovers as US-Iran Peace Deal Reportedly Signed, Altcoins Gain Big
BeInCrypto
Bitcoin and altcoins rebounded significantly following reports of a potential US-Iran peace agreement, which eased global geopolitical tensions.Summary
Bitcoin recovered from a one-month low to approximately $77,000 after US President Donald Trump announced that a peace memorandum with Iran had been largely negotiated. The potential agreement, which includes the reopening of the Strait of Hormuz, has significantly reduced geopolitical uncertainty and improved market risk sentiment. While Bitcoin saw a modest gain, various altcoins—particularly AI-linked tokens like NEAR Protocol and Worldcoin, as well as privacy-focused assets like Zcash—experienced more substantial rallies, reflecting a broader shift back into higher-risk assets.
(Source：BeInCrypto)