Bitcoin Breaks $65,000 Barrier on US-Iran Peace Deal

Bitcoin surged past $65,000 on Monday for the first time since early June, driven by a U.S.-Iran peace deal.

The agreement is expected to open a 60-day window of nuclear negotiations, which improved investor appetite for risk assets broadly and benefited Bitcoin directly.

Strategy Inc., the software company that holds more Bitcoin than any other public company, saw its shares rise over 6% in premarket trading.

Coinbase gained around 6.4%, while Robinhood added roughly 4.8% as both companies' businesses are tied directly to activity in the crypto market.