Bitcoin nears $66K as Trump says US has peace deal with Iran
US President Donald Trump says the US and Iran have a deal for a "toll-free opening of the Strait of Hormuz," sending Bitcoin to a two-week high.
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Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape cry...
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US President Donald Trump says the US and Iran have a deal for a "toll-free opening of the Strait of Hormuz," sending Bitcoin to a two-week high.
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A ceasefire in April collapsed, and US strikes broke a second truce on June 9 with bitcoin giving back the entire move both times.
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Bitcoin mining difficulty has undergone its second-largest downward difficulty adjustment this year, following February's 11% shift.
A peace agreement that reopens the Strait of Hormuz pulled the geopolitical premium out of oil and put back into risk assets.
The price of crude oil is tumbling, and U.S. stock futures are moving higher.
BTC's dominance rate has risen from last week's low, a sign of renewed capital flowing into the largest cryptocurrency as major altcoins struggle.
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