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Bitcoin and Ethereum prices rise as US-Iran tensions ease and oil prices drop 10%.

Market News
27 Jul 2026
Coingape
View Source
Bullish
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Bitcoin and Ethereum prices increased notably following a 10% drop in Murban crude oil prices due to easing US-Iran geopolitical tensions. The US halted strikes on Iran, raising hopes for renewed peace talks and a possible ceasefire. Bitcoin rose by 1.75% to around $65,447, with potential to reach $67,000 if buying pressure continues, while Ethereum climbed to an eight-week high near $1,981, aiming for $2,000 resistance. ETF inflows for both cryptocurrencies also increased, signaling renewed investor confidence ahead of the upcoming US Federal Reserve meeting which could impact market sentiment.

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