US-Iran Peace Deal Boosts Global Markets While Bitcoin Traders Remain Cautious

Global financial markets reacted positively after the United States and Iran reached a peace agreement over the weekend. The deal includes plans to reopen the Strait of Hormuz, a key global oil shipping route, easing concerns about energy supply disruptions.

Oil prices fell more than 5% following the announcement, while copper prices moved higher as investors welcomed the prospect of improved economic stability. Asian stock markets also posted strong gains, with the MSCI Asia-Pacific index rising around 3% and Japan’s Nikkei 225 reaching a record high.

Bitcoin Gains Remain Limited Despite Positive Market Sentiment

Unlike stocks and commodities, the crypto market responded more cautiously. Bitcoin remained below the $66,000 level despite gaining around 3.5% over the weekend. Ether showed a similar performance, while some smaller cryptocurrencies recorded slightly stronger gains.

The muted reaction reflects growing skepticism among crypto traders. Earlier ceasefire agreements announced in April and again on June 9 eventually collapsed, leading to sharp reversals in Bitcoin and other digital assets.

Traders Waiting for Final Agreement

Many investors appear unwilling to make larger bets until the agreement is officially signed later this week. While market conditions have stabilized following the sell-off seen in early June, sentiment remains mixed.

Some blockchain valuation models suggest the worst phase of the recent decline may be over. However, market flow data indicates that strong buying demand has not yet returned. As a result, traders continue to watch developments closely, balancing optimism over the peace deal with concerns about whether the agreement will hold in the long term.