Bitcoin Tops $69,000 as Reports of Potential Iran-U.S. Ceasefire Lift Risk Appetite
Bitcoin climbed above $69,000 on Monday following reports that Iran and the United States received a ceasefire framework that could reopen the Strait of Hormuz as soon as Monday, prompting stronger demand for risk assets. The cryptocurrency was trading 3.4% higher at $69,065.9 by 03:38 ET (07:38 GMT). Market participants also weighed stronger-than-…