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Bitcoin jumps past $65K as US-Iran ceasefire eases inflation fears and Fed rate decision looms

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

Bitcoin surged above $65,000 following a US-Iran ceasefire that eased inflation concerns by lowering crude oil prices. This development weakened the dollar and boosted Bitcoin's appeal to international investors. Large holders moved $198 million worth of Bitcoin off exchanges, signaling reduced supply and increased scarcity, while mining activity also decreased selling pressure. Investors now await the Federal Reserve's policy decision, with a 33% chance of a rate hike, which could impact crypto markets further.

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