Bitcoin Eyes Recovery Amid U.S.-Iran Deal and Rate Moves

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Welcome to Stock Market Today, your market briefing with actionable insights on stocks, bonds, crypto in the events moving markets.
Let's get into it. Bitcoin trading at $66,384, hovering near critical resistance after bouncing off $59,000 lows. The US-Iran peace deal framework is driving risk on across all asset classes. Oil below $80, Dow hit a fresh record, and crypto traders positioning for a short squeeze targeting $69,000. Standard Chartered says crypto spring is here. Analyst Jeffrey Kendrick says Bitcoin likely bottomed near $60,000 this cycle. MicroStrategy bought another $1,587 BTC for $100 million. Spot ETF inflows flipped positive, and oil prices keep dropping. BlackRock's EBITS saw $66 million in inflows Monday, while Grayscale GBTC bled $124 million, net negative $64 million. Accumulation is real, though. Whales added over 250,000 BTC between $59,000 and $67,000.
Glassnode's accumulation trend score maxed at 1.0, shirt's strongest buying pressure of this drawdown. Large holders stopped dumping and started absorbing panic cells. Bank of Japan hiked rates 25 basis points to 1%, highest since 1995 Bitcoin initially dipped but rallied above 66,000 as traders focused on the dovish surprise. BOJ paused bond tapering, capping long-end yields and supporting risk assets.
Fed decision Wednesday, first under chair Kevin Warsh. Markets pricing 96% chance rates hold at 3.5 to 3.75%.
No cuts expected through 2027 Altcoin is outperforming. Ethereum at $1,813.
Solana, $74.87. Uniswap surged after Standard Chartered set a $100, $20, $30 target.
Bit and Sor rocketed 30% after Anthropic shut down AI model access. SpaceX continues ripping post IPO. Now over $2.6 trillion market cap. Kraken launched CFTC-regulated perpetual futures for US traders. Key resistance. Bitcoin needs to clear $83,000 to confirm a new uptrend. Support at $60,000 held firm.
If the Iran deal holds and Fed stays patient, we could see that $69,000 test soon. That wraps your market intel. Trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot.io.