Bitcoin Holds Above $86,000 as Trump Pledges Iran Deal Post-Midterms Amidst Falling Oil Prices
Bitcoin price held above $86,000 as US President Donald Trump pledged a deal with Iran after November's midterm election.
Bitcoin price held above $86,000 as US President Donald Trump pledged a deal with Iran after November's midterm election.

Bitcoin surged to nearly **$64,000**, gaining **4.2%** in seven days amidst an oil shock, bond selloff, and US strikes on Iran.

Bitcoin posted a **1.6%** gain this week, with Ether holding steady, even as escalating **US-Iran tensions** impacted global commodity markets.

Major cryptocurrencies, including Bitcoin, are trading in the red as renewed U.S.-Iran airstrikes push oil prices higher.

Bitcoin is holding near $64,000, down 2% on the week, despite a rally in Asian stocks and tech fueled by US-Iran peace talks.

Bitcoin dipped below the **$63,000** threshold, dragging the wider crypto market down as risk assets faced a sell-off influenced by falling oil prices.

Bitcoin and the broader cryptocurrency market saw a positive shift, recovering from a volatile week as geopolitical tensions in the Middle East appeared to ease.