Crypto Markets Surge Amid Iran Peace Deal and ETF Inflows
- Bitcoin rose to $66,500 following progress in the Iran peace deal.
- BTC ETFs experienced their largest inflows in a month, with $85 million on Friday.
- ZCash (ZEC) soared by 20% after a Mythos audit revealed no vulnerabilities.
- Standard Chartered predicts Bitcoin will reach $100,000 by year-end, marking the end of the “crypto winter.”
The cryptocurrency market saw significant gains over the weekend, driven by geopolitical developments and renewed investor confidence in digital assets. The resolution of key overhangs, such as the SpaceX IPO and the Iran conflict, contributed to this positive momentum.
With Bitcoin climbing back over $65k and leading altcoins showing robust growth, market sentiment appears optimistic about further advancements in crypto valuations. (Source)
