Bitcoin Holds Near $65K as Trump Signals US-Iran Peace Deal

Bitcoin stayed near local highs as Donald Trump said a Sunday peace deal between the United States and Iran would leave the Strait of Hormuz “open to all,” according to Cointelegraph. The report said Bitcoin was nearing $65,000 while analysts pointed to conditions that could support a continued price rebound.

The development matters because geopolitical risk can influence broader market sentiment, including crypto markets. A pledge tied to keeping Hormuz open is notable for investors because the waterway is a closely watched global trade route, and the source linked the peace-deal comments with Bitcoin’s resilience near recent highs.

Cointelegraph’s framing suggested that traders were watching whether improved macro and geopolitical conditions could help Bitcoin sustain its recovery. The article did not present the move as guaranteed, but it highlighted analysis seeing the setup as favorable for BTC price momentum.

For crypto readers, the key takeaway is that Bitcoin’s latest price action was being interpreted alongside global political headlines, not in isolation. The market remained near a local high, while analysts assessed whether the rebound had enough support to continue.

As always, short-term crypto moves can shift quickly, especially when tied to political developments and market sentiment. The report’s central point was that Bitcoin held firm near $65,000 as the US-Iran peace-deal pledge became part of the market narrative.