Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding (opens original article in a new tab)

Bitcoin hit a two-week high above $65,500 following a US-Iran deal that eased energy-supply fears and sent oil prices lower. Asian stocks and other cryptocurrencies also rose, but concerns about institutional demand remain.

• Bitcoin rose to $65,800, its highest in two weeks after US-Iran deal
• Brent crude fell over 4% to $83 a barrel as energy-supply fears eased
• Asian stocks jumped over 3% and S&P 500 futures rose 1.2%
• Bitcoin's recovery faces challenges from institutional demand concerns