Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical

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Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical

60-second summary

Bitcoin surges past $65,000 on the heels of a US-Iran deal announcement, sparking a relief rally in the crypto market. Prediction market traders, however, remain skeptical about the deal's implications, casting doubt on the rally's sustainability. The market's mixed reaction highlights ongoing uncertainty surrounding global events' impact on cryptocurrency prices.

A crypto relief rally has “partially arrived” as Trump announces a deal with Iran, but prediction market traders remain unconvinced.