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President Donald Trump has followed up his two-week ceasefire announcement with additional signals that further US-Iran peace negotiations are on the cards.
Such signals have driven a simultaneous decline in oil prices and rally in risk-on sentiment.
As such, BTC briefly traded to as high as $76K, a one-month high, while derivatives markets for ETH temporarily skewed towards call options – a rare occurrence so far this year.
While ETH options traders temporarily skewed bullish, the same cannot be said for BTC options traders just yet.