Uniswap (UNI) approaches $3.00 at the time of writing on Tuesday, extending its rebound for the sixth consecutive day. The rebound aligns with the broader risk-on mood in the crypto market, with Bitcoin (BTC) trading above $67,000.

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.

Bitcoin (BTC) retains a near-term bullish bias, trading above $66,000 at the time of writing on Tuesday. The slight bullish outlook comes amid easing geopolitical tensions in the Middle East, with the United States (US) and Iran reportedly having signed a virtual peace agreement to reopen the Strait of Hormuz and end the blockade…