Bitcoin is back above $65,000 as U.S. and Iran hold fire. Oil drops 5%

60-second summary

Bitcoin surges above $65,000 as geopolitical tensions between the U.S. and Iran ease, with oil prices plummeting 5% in response. Meanwhile, Ethereum outperforms Bitcoin, potentially signaling an altcoin rally. Market analysts speculate that the shift in investor sentiment may lead to increased capital flows into alternative cryptocurrencies, boosting their values.