Bitcoin Gains Momentum as Tensions Ease Between US and Iran

The recent tensions between the United States and Iran led to a surge in gold prices as investors sought safe-haven assets. However, with the easing of tensions, analysts predicted that gold would struggle to maintain its value above $4,100.

Meanwhile, Bitcoin seemed poised to benefit from the shift in investor sentiment towards riskier assets. As the broader market improved, traders remained cautious due to ongoing macroeconomic events that could impact market direction.

The upcoming week's economic calendar is packed with key events, including the Federal Reserve's interest rate decision and earnings reports from major companies like Microsoft and Apple. These developments have the potential to reshape expectations around liquidity, interest rates, and risk appetite.