Bitcoin Breaks $78K as Iran De-Escalation Drives Oil Lower

 

Bitcoin surged above $78,000, reaching its highest level since February, fueled by optimism over geopolitical de-escalation in the Middle East as Iran reopened the Strait of Hormuz, causing oil prices to plunge. This geopolitical development has positively impacted market sentiment and cryptocurrency prices.

$BTC

BTC
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76,981.2
-0.97%

$USDC

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0.99933
+0.01%

$BNB

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625.9
-0.43%