Bitcoin continues to face market pressure due to geopolitical and monetary policy concerns. The US-Iran interim agreement extends the current ceasefire by 60 days, permitting toll-free oil transport through the Strait of Hormuz while addressing unresolved nuclear and economic issues.
Bitcoin's price has fallen below $65,000, primarily due to ongoing geopolitical tensions and monetary policy concerns. An interim agreement between the US and Iran, extending a ceasefire for 60 days to allow oil transport, contributes to market uncertainty. Unresolved nuclear…
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