Bitcoin Hits Intraday High of $65,555 on Sunday, Up 1% in 24 Hours Amid US-Iran Peace Talks

BTC0.21%
Bitcoin climbed to an intraday high of $65,555 on Sunday morning as U.S.-Iran peace negotiations eased global market anxieties and lifted risk appetite. After hitting a low of $63,197 late Sunday, the cryptocurrency recovered above $64,000 by midnight and rallied past $65,000 by 7 a.m. EDT. At the time of writing (1:04 p.m. EDT), Bitcoin traded just above $64,600, representing a 24-hour gain of nearly 1%, though it remained down approximately 4% weekly. The recovery briefly lifted Bitcoin's market capitalization past $1.3 trillion, pushing the broader crypto market to $2.3 trillion.
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