Tensions Ease, Risk Assets Rise, But Bitcoin Stuck on Funding Worries

A memorandum of understanding between the United States and Iran has eased geopolitical tensions, boosting risk assets. US stock futures have risen, and crude oil prices have fallen below $75. This positive trend is being felt in the crypto market, but Bitcoin's price remains stuck at around $66,000. BTC was unable to follow the broad rebound in risk assets due to concerns related to Strategy funding needs.

QCP Market Colour noted that attention should be paid to the Federal Reserve's dot plot guidance on short-term restrictive policy paths. This development may have an impact on the overall market sentiment and could influence investor decisions.