Bitcoin Rebounds to $66,500 as US-Iran Peace Deal Boosts Sentiment

Bitcoin (BTC) has bounced back sharply, trading around $66,500 after dropping to $59,000 earlier this month. The rally is mainly driven by the US-Iran peace agreement, which eased global tensions.

Key Points:

· Price: +11% from June lows

· Ethereum (ETH): Up 11% to $1,850

· Oil prices: Dropped 4%

⚠️ But caution remains:

· ETF outflows: 5 straight weeks of withdrawals (last week: $316M)

· Investors buying put options (expecting price drops)

· Polymarket users give 67% chance Bitcoin tests $55,000 next

Positive sign: Michael Saylor's Strategy bought 1,587 BTC worth 63,000 each.

Next trigger: The Fed meeting this week. Hawkish signals could reverse the rally.#TradebStocks #BTC #BitcoinTops$66K

BTC

66,340

+1.11%