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Home/News/Bitcoin Breaks $65K After US-Iran Peace Deal, But Traders Remain Skeptical of Rally
Decrypt·10h ago·mixed

Bitcoin Breaks $65K After US-Iran Peace Deal, But Traders Remain Skeptical of Rally

Bitcoin jumped to $65,860 after Trump announced a peace deal with Iran, but traders remain cautious. Over $4.8 billion has exited US Bitcoin ETFs since May, and prediction markets give a 67% chance BTC drops to $55,000 next.

  • Bitcoin rose 4% to $65,860 after Trump announced a completed peace deal with Iran
  • Over $4.8 billion has exited US Bitcoin ETF products since May, signaling weak institutional demand
  • Prediction market users give a 67% chance Bitcoin's next major move takes it down to $55,000
  • Analysts say a peace deal alone won't bring institutional capital back; the Fed's Wednesday meeting could be more impactful
marketmacroImpact 7/10
Why our editor rated this mixed

The US-Iran deal is geopolitically positive and drove a short-term rally, but persistent ETF outflows and trader skepticism suggest the market hasn't found a solid bottom yet.

Read the full story at Decrypt

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

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