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Bitcoin rebounds above $65,000 as US-Iran ceasefire holds and oil prices drop 5%.

Market News
27 Jul 2026
Coindesk
View Source
Bullish
pluang ai news

Bitcoin climbed back above $65,000, rising about 1.2% amid a pause in US-Iran military actions, which eased geopolitical tensions and caused oil prices to fall nearly 5%. Ethereum outperformed Bitcoin with a 3% gain, signaling a potential altcoin rally, while other major tokens also saw modest increases. The ceasefire between the US and Iran has created a risk-on environment, boosting markets and currency values like the euro and Aussie dollar. However, investors remain cautious ahead of the upcoming Federal Reserve meeting, which could impact inflation and interest rates.

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