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Bitcoin reaches $63,000 on US-Iran peace prospects
Bitcoin’s price rose to around $63,338, marking a 0.9% increase amid optimism about the possible signing of a peace agreement between the United States and Iran. However, the cryptocurrency still trades near its lowest levels of the year, affected by institutional selling, the rise of artificial intelligence stocks, and SpaceX shares. The cryptocurrency market was negatively impacted by broader market trends, despite Trump's comments about progress in peace negotiations, while military tensions in the Middle East continued.
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