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Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding
Key takeaways
- The token traded around $65,844 on Monday, up 2.1% over 24 hours, after touching a low near $63,722 in the early hours of Asian trading before the deal news broke, per CoinDesk data.
- The move puts bitcoin about 9% above the sub-$60,000 low it hit last week, its weakest level since October 2024.
- Ether rose 2.5% to $1,721, solana gained 3.6% to $71 and XRP added 3.2% to $1.19.
The token traded around $65,844 on Monday, up 2.1% over 24 hours, after touching a low near $63,722 in the early hours of Asian trading before the deal news broke, per CoinDesk data.
The move puts bitcoin about 9% above the sub-$60,000 low it hit last week, its weakest level since October 2024.
The rally was broad. Ether rose 2.5% to $1,721, solana gained 3.6% to $71 and XRP added 3.2% to $1.19. Hyperliquid's HYPE was the standout, up 7.5% on the day to nearly $65. BNB and dogecoin both added more than 1%.
Article preview — originally published by CoinDesk. Full story at the source.
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