Bitcoin has climbed more than 11% from its early June low as Santiment says the U.S.-Iran peace agreement may be laying the groundwork for a longer crypto bull market.
Summary
- Santiment says the U.S.-Iran peace deal has boosted risk appetite, helping Bitcoin recover more than 11% from its early June low.
- Glassnode data shows Bitcoin accumulation increased after the drop into the $60,000 range, with multiple wallet cohorts buying the dip.
- Despite the rally, more than $4.8 billion has left U.S. spot Bitcoin ETFs since May, highlighting continued investor caution.
According to on-chain analytics firm Santiment, investor sentiment has improved sharply after the United…
