Bitcoin recovery rests on US-Iran deal as momentum remains weak

60-second summary

Bitcoin's recovery momentum remains weak, with LVRG Research director Nick Ruck warning of a "volatile path" if the US-Iran peace deal collapses, potentially triggering a global economic downturn. The deal's fragile status raises concerns for investors, as a breakdown could lead to increased market volatility and a potential decline in Bitcoin's value, impacting the cryptocurrency market's overall stability.