Bitcoin hits four-week high on US-Iran ceasefire hopes. Where is crypto headed?
US-Iran war: Bitcoin prices surged to a four-week high as risk assets rallied on optimism that the US could reach an agreement with Iran to resolve the conflict.
The world’s largest cryptocurrency rose to $74,901—its highest level since 17 March—before trimming gains to trade near $74,400. Smaller cryptocurrencies also moved higher, with Ether rising 5% to $2,370.
