Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low

Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil toward its lowest levels since early March.

Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves.

Key points:

Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading.

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