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Summary:

Bitcoin climbed to around $65,700, its highest level in about a month.$GOOGL.US

The rally was driven by improving market sentiment after reports of possible geopolitical de-escalation.$NVDA.US

After the initial surge, Bitcoin retraced to around $65,000 as traders locked in profits.$NVDAB

Analysts are also watching continued spot Bitcoin ETF inflows and U.S. crypto #IranPresidentSaysFullScaleWarWithUS legislation as key drivers for the next move.