Crypto

Bitcoin Hits Weekly High Over $69K on US-Iran Ceasefire Hopes as Oil Slides

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In brief

  • Bitcoin and broader financial markets rose on reports that the US and Iran are discussing a potential ceasefire that could end the war.
  • Over $200 million in crypto shorts were liquidated—four times more than longs—signaling a textbook short squeeze.
  • Analysts warned that a rally is…

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