Bitcoin Opens at Two-Week High on US-Iran Peace Deal Optimism

Bitcoin opened June 16 at $66,287.48, its strongest level in two weeks, after rallying the prior day on news of a US-Iran interim agreement to reopen the Strait of Hormuz. The move lifted BTC as much as 5.1% to $67,250 on June 15, with Ethereum surging nearly 11%. Risk appetite improved across markets as oil prices fell and stocks advanced, though traders remain focused on the Federal Reserve’s two-day policy meeting for signals on rates and inflation.