Bitcoin has rebounded above $65,000 amid easing geopolitical tensions following Iran’s missile attack on Israel, which was largely thwarted. The U.S. has ruled out joining Israel in a counter-attack, calming concerns.
Traders anticipate approval of Bitcoin ETFs in Hong Kong, which could unlock significant demand, with estimates suggesting up to $25 billion.
Ethereum has also risen above $3,100, and market volatility has subsided as the focus shifts to the awaited ETF decision.
Source: CoinDesk
Bitcoin Surges Above $65,000 as Geopolitical Tensions Ease; Hong Kong ETF Decision Awaited
