BTC Surges Past $63K as Trump Teases Iran 'Deal'

Bitcoin's price surged to over $63,000 after Thursday's Wall Street open as US stocks rebounded on fresh hopes of an Iran peace deal. The cryptocurrency joined a risk-asset rebound following comments from US President Donald Trump that Iran 'wants to make a deal'.

Data from TradingView showed BTC/USD rising by nearly 1.5% on the day, with crypto markets echoing the sense of relief. This led to $100 million in short liquidations over 24 hours, according to CoinGlass data.

Traders are eyeing key levels as the daily close approaches, with some predicting a potential short entry at $68,000. However, others believe that a support reclaim is still possible, and that bulls may push for $65-70,000 again if they succeed.