Bitcoin Reaches 12-Week High Amid Uncertainty Over US-Iran Talks
Bitcoin reached a 12-week high before retreating slightly as traders assessed conflicting signals about the progress of US-Iran negotiations. The cryptocurrency hit $79,488, its highest level since January 31, but later fell to around $77,000. The fluctuation in Bitcoin prices was influenced by news about Iran's proposed deal to reopen the Strait of Hormuz and rising oil prices.
Topics: Bitcoin Cryptocurrency Trading Geopolitical Risk Iran-US Talks Market Volatility