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The US-Iran Agreement Confirmed, Bitcoin Quickly Rebounds, Traditional Finance Sees Cautious Stock Market Rally
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BlockBeats News, June 15th. Last night and this morning, despite Israel's interference, the peace agreement between the US and Iran could not be stopped. Trump stated that he approved free passage through the Strait of Hormuz and authorized the immediate lifting of the US Navy blockade on Iran. Iran's Deputy Foreign Minister also confirmed that the US-Iran Memorandum of Understanding text has been finalized and will be formally signed in Switzerland this Friday, June 19th.

It is worth noting that, according to Iran's Deputy Foreign Minister, what has been reached this time is the "US-Iran Memorandum of Understanding," and "negotiations for the final agreement will take place within 60 days, focusing on lifting sanctions, the nuclear issue, establishing the final mechanism for Iran's reconstruction, and oversight and enforcement issues." In this regard, the market still seems unable to fully relax about Middle East peace.

Impacted by this, Bitcoin quickly rebounded. According to HTX market data, as of the time of writing, Bitcoin is trading at $65,642.70, with a 24-hour increase of 2.48%. Ethereum is trading at $1,723.88, with a 24-hour increase of 3.65%.

On the other hand, traditional finance (tradfi) saw a rapid rise in US stocks followed by a pullback. The S&P 500 is currently at 7,493.9, with a 24-hour increase of 0.59%. Micron is trading at $1,029, showing a significant premium compared to the post-market price of $989. SPCX is holding steady at $167.29.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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