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US Iran Ceasefire Boosts Bitcoin to $65K Amid Weakened Dollar

Guavy AI Editorial Team
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Bitcoin's price rose by 1.75% to around $65,447 following a US-Iran ceasefire that eased geopolitical tensions and led to a 10% drop in Murban crude oil prices.

This development weakened the dollar and boosted Bitcoin's appeal to international investors, with some predicting it could reach $67,000 if buying pressure continues.

Ethereum also climbed to an eight-week high near $1,981, aiming for a potential resistance level of $2,000.

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