Crypto
Bitcoin rebound spreads risk appetite, oil remains a factor
Bitcoin climbed on hopes of a U.S.-Iran truce, briefly nearing $70,000 and broadening risk appetite across crypto and traditional markets. Altcoins rose, while derivatives indicators showed bullish signals and falling implied volatility. The rally, however, rests heavily on expectations that truce reports will be confirmed, with past anonymous sourcing and Iranian denials cited as risks. Oil market factors resurfaced, and some observers warned a sharp rise in crude could threaten broader markets.