Bitcoin briefly touched $72,700 on Wednesday after traders welcomed a US-Iran ceasefire deal, then fell below $71,000 within hours. Israel struck more than 100 Hezbollah sites across Beirut, Iran's parliament speaker said three ceasefire clauses had already been violated, and WTI crude rebounded 2.8% to $97.03. The Strait of Hormuz recorded just three ship transits, with more than 800 vessels still waiting in the Gulf. Minutes from the US Fed's March meeting also showed concern about persistent inflation and kept rate hikes in play if oil prices stay high.
