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Morning Edition · Wednesday, June 17, 2026Published at 6:30 AM EDT · New York
Bitcoin's Iran-Driven Rally Enters a 60-Day Test as Attention Shifts to the Fed
A signed United States-Iran memorandum reopened the Strait of Hormuz and reduced the risk premium in oil prices, but the deferred questions on sanctions and the nuclear program leave the framework fragile.
Bitcoin held near $66,000 after a United States-Iran framework reduced the geopolitical risk premium that had built up in energy markets. United States Vice President JD Vance announced that the memorandum was digitally signed on June 14. I…
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