Bitcoin Stabilizes Above $65K as Geopolitical Tensions Ease

Crypto markets are seeing a rebound in sentiment following the confirmation of a preliminary peace deal between the US and Iran. Bitcoin has stabilized above $65,000, with investors welcoming the easing of geopolitical tensions.

Among top performers, Zcash is rising for a third consecutive day, nearing $500. Worldcoin is also gaining momentum near $0.60, supported by a MACD buy signal and building on the 200-day EMA key demand zone.

The US-Iran agreement is expected to take effect on Friday, with CNN reporting that the ceasefire agreement reached in early April will be extended for 60 days. While hostilities have continued in southern Lebanon, investors are optimistic about the peace deal's potential impact on global markets.

Bitcoin's price action remains mixed, with momentum indicators showing a modest loss of upside pressure. However, the crypto Fear & Greed Index has climbed to 20, indicating growing investor appetite for risk assets.