Bitcoin Momentum Weak as Recovery Rests on US-Iran Deal

Jun 16, 2026 - 08:30
Bitcoin Momentum Weak as Recovery Rests on US-Iran Deal
Bitcoin’s recovery is hinged on a successful peace deal between the US and Iran as its onchain metrics show the cryptocurrency remains weak despite its recent recovery, analysts say. Nick Ruck, a director at LVRG Research, told Cointelegraph that despite Bitcoin (BTC) recently reclaiming $67,000, its “momentum remains weak, with declining volume and stagnant on-chain...

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