Bitcoin nears $66K as Trump says US has peace deal with Iran

Bitcoin reached a two-week high, approaching $66,000, after US President Donald Trump announced that a peace deal with Iran is officially complete. This agreement ensures a toll-free opening of the Strait of Hormuz. Simultaneously, crude oil prices crashed by approximately 4%, with Brent crude futures for August delivery sliding. The geopolitical development influenced risk assets, allowing Bitcoin to reclaim the $65,000 level as the market reacted to the declared US-Iran peace agreement.