Reports say Iran has agreed to stop uranium enrichment in exchange for the United States lifting sanctions. Affected by this news, the price of $BTC surged rapidly.
As geopolitical tensions cooled, macro-level anxiety eased. The demand for safe-haven assets weakened, and money flowed back into risk assets again. The crypto market directly benefited from this as well.
As geopolitical tensions cooled, macro-level anxiety eased. The demand for safe-haven assets weakened, and money flowed back into risk assets again. The crypto market directly benefited from this as well.