Bitcoin Holds Above $65,500 as Santiment Signals MoU Could Drive Long-Term Bull Market

On Tuesday, Bitcoin fell to an intraday low of $65,301 before recovering, shedding approximately 1.4% in value as global markets responded to a U.S.-Iran memorandum of understanding. The price decline triggered $81 million in derivatives liquidations across long and short positions within a 24-hour window, with Bitcoin's market capitalization declining to $1.32 trillion.

According to blockchain analytics firm Santiment, the geopolitical stabilization could function as a long-term catalyst for capital rotation into riskier assets. Santiment noted that periods of reduced geopolitical risk historically coincide with systematic reallocations from defensive positions into Bitcoin, potentially supporting a more durable bull market rather than a transient price reaction.