Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near
Bitcoin traded above $64,000 on Saturday, supported by its strongest ETF inflows in a month and growing optimism around geopolitical developments.
Make preferred on
Share this article
Summary
- Bitcoin climbed above $64,000 on Saturday, gaining more than 8% from its June low near $59,000 and putting it on track to end a four-week losing streak.
- U.S. spot bitcoin ETFs recorded $85.9 million in net inflows on Friday, the largest daily inflow since May 14.
- Pakistan’s Prime Minister said a peace agreement is closer than ever, with finalization expected within 24 hours and technical talks scheduled for next week, boosting hopes of reduced regional tensions.
