Bitcoin Rises on U.S.-Iran Ceasefire Hopes — Market Talk

Bitcoin rises to a one-month high as risk appetite improves on hopes for a de-escalation in the U.S.-Iran conflict. Mediators were working Monday to push the U.S. and Iran into a new ceasefire, The Wall Street Journal reports. It comes after the U.S. carried out a ninth straight night of attacks, Iran retaliated against U.S. Arab allies, including Kuwait and Bahrain, and another two vessels in the Strait of Hormuz were hit by projectiles. Bitcoin rises to a high of $65,956, LSEG data show. ([email protected])