Bitcoin rises above $64,000 as Iran peace hopes and strong ETF inflows support rebound

Bitcoin fell from nearly $73,000 to below $60,000 before recovering to around $63,500 as easing Iran tensions, lower oil prices, and a broader risk-on move lifted markets. Traders also reacted to a 32-BTC sale by Strategy, and analysts said a lasting rebound would need stronger ETF inflows and renewed large-scale buying.
AI Analysis
The summary describes a large Bitcoin move, macro-driven recovery, and a notable Strategy sale that challenged its 'never sell' stance. It also cites ETF inflows and large-scale buying as conditions for a durable rebound, making this relevant for short-term trading.