Summary
- Bitcoin (BTC) rose 1.7%% from a day earlier to $65,065, briefly topping $65,000.
- Expectations for easing geopolitical risk in the Middle East, remarks from US Vice President JD Vance, and Iran's agreement to allow IAEA inspectors to return appeared to improve investor sentiment.
- According to Cryprice, the kimchi premium on major virtual assets including Bitcoin (BTC) stood at -2.08%%.
Bitcoin briefly rose above $65,000.
As of 9:39 p.m. on June 22, the token was trading at $65,065 on Binance's USDT market, up 1.7% from a day earlier. On Upbit, it traded at 97.99 million won.
The advance came amid expectations that geopolitical risks in the Middle East may ease. US Vice President JD Vance, discussing talks with Iran held in Switzerland, said the Strait of Hormuz remains open and that the US and Iran had laid "a very good foundation" for a successful final agreement.
Investor sentiment also improved after remarks that Iran had agreed to the return of inspectors from the International Atomic Energy Agency. Following Vance's comments, international oil prices extended losses, raising expectations that concerns over crude supply disruptions may ease and supporting risk assets more broadly.
Separately, data from Cryprice showed the kimchi premium on major virtual assets, including Bitcoin, stood at -2.08% on June 22.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
