Trump sparks crypto rally as Iran talks send oil to 125-day low
Trump sparks crypto rally as Iran talks send oil to 125-day low
U.S.-Iran talks in Doha showed positive progress, sending oil to a 125-day low as both sides agreed to resume negotiations on July 18.Bitcoin gained about 2.5% after easing geopolitical tensions and weaker-than-expected U.S. jobs data reduced Fed rate hike expectations.Bitcoin is approaching the key $62,500 resistance, where a long-term descending trendline aligns with the 50% Fibonacci retracement.