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Axios reported that the US and Iran, along with regional mediators, are discussing a potential 45-day ceasefire.
This latest news has prompted markets to start off the week on a hopeful note.
Bitcoin (BTCUSDT): +2.3%, around $69k attempting to breach resistance at its 50-day simple moving average (SMA) as well as the $70,000 psychological level
Gold (XAUUSD+): +0.2%, just shy of $4700 but resting on its 100-day SMA for crucial support