Bitcoin Rebounds as US-Iran Deal Eases Market Fears, Crypto Market Rallies

Bitcoin climbed to its highest level in nearly two weeks after reports emerged that the United States and Iran had reached an agreement to end hostilities and reopen the Strait of Hormuz, easing concerns over global energy supplies and boosting investor sentiment across financial markets. According to CoinDesk data, Bitcoin traded around $65,844 on Monday, gaining 2.1% over the previous 24 hours.