Bitcoin Rises on Israel-Iran Ceasefire News — Market Talk

Bitcoin rises as risk appetite improves after President Trump said Israel and Iran agreed to a ceasefire. "As things stand, the past 12 days look set to join the long list of geopolitical shocks that proved temporarily disruptive but had little lasting effect on markets," Deutsche Bank analysts say in a note. However, uncertainty remains elevated with reports of continued fighting. Iranian state media reported Israeli attacks on Tehran and Israel's military said it had intercepted drones launched by Iran. Outstanding questions remain, from whether a ceasefire will hold to the future of what remains of Iran's nuclear program, Deutsche Bank's analysts say. Bitcoin rises 1.9% to $105,793, according to LSEG. ([email protected])