Reports suggest that Iran may abandon its nuclear program to reach an agreement with the United States, which could ease tensions in the Middle East. Boosted by this news, Bitcoin's price rebounded to around $72,855. Analysts such as SungHoon Lee ( and others believe this will serve as a catalyst for Bitcoin's price to rise to $100,000, reversing the recent plunge caused by the war, during which over $300 million in long positions were liquidated. However, since the related reports are unverified and U.S. officials have urged Israel to continue military operations, risks still remain.

BTC-3.47%
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