Bitcoin Tops $65,000 as US-Iran Tensions Ease; Oil Falls 5%

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Bitcoin climbed back above $65,000 as geopolitical tensions between the United States and Iran showed signs of cooling. Oil prices fell sharply by around 5% in response to the reduced threat of regional conflict. Ethereum outperformed Bitcoin during this period, a signal that traders often associate with a broader altcoin rally. The easing of risk sentiment in global markets appeared to boost appetite for cryptocurrencies across the board.

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