Live markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes (opens original article in a new tab)

The US and Iran reached an interim deal to halt the war and reopen the Strait of Hormuz, affecting crypto markets as Bitcoin remained within its recent range while oil prices dropped and equities rose.

• US and Iran reached an interim deal to halt the war and reopen the Strait of Hormuz
• Bitcoin trades near $65,000, up modestly over the weekend and still inside its recent $63,000 to $65,000 range
• Traders are not pricing a permanent deal until the June 19 signing in Switzerland holds
• Cheaper oil eases the price pressure that pushed central banks toward tighter policy