Morning Minute: Bitcoin at $65,000 as Iran Deal Wobbles

Decrypt·

Morning Minute: Bitcoin at $65,000 as Iran Deal Wobbles

60-second summary

Bitcoin is trading at $65,000 amidst macro uncertainty, with the Strategic Revenue Curve (STRC) finding a new low and $227 million in ETF outflows over the past week. Despite these headwinds, Bitcoin has managed to stay afloat, with investors seemingly unfazed by the Iran deal wobbling and other market concerns, suggesting a resilient market sentiment.

Macro uncertainty, STRC finding a new low and another $227M in ETF outflows weren't enough to keep Bitcoin down over the past week.