Bitcoin Steadies Above $65K Amid Easing Geopolitical Risks
Bitcoin has steadied above $65,000, supported by reports that Iran may reach a deal with Oman to reopen the Strait of Hormuz, easing geopolitical risks. This positive sentiment has also lifted Nasdaq 100 futures and stabilized the crypto market after a volatile July.
While Bitcoin leads gains, altcoins remain cautious, awaiting a stronger Bitcoin breakout to trigger broader market rotation. Market indicators show a bullish tilt in futures and options, with some altcoins like Pump.fun and Monero showing notable gains amid stabilizing conditions.