00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Bitcoin rose to a four-week high as risk assets rallied on hopes of a U.S.-Iran deal,
00:08according to Bloomberg. The token climbed 2.4% to $74,945 before easing to around $74,400,
00:18while Ether rose 5.5% to over $2,370. The move followed Trump's claim that Iran reached out
00:27for talks as the U.S. began a naval blockade of the Strait of Hormuz. Analysts said markets viewed
00:33the U.S. blockade as positive because Trump extended the timeline for a deal and is seeking
00:38more talks. Bitcoin has traded in a tight range after falling from $126,000 in October,
00:44but is up more than 10% since February 27th. Spot Bitcoin ETFs saw $194.5 million in outflows on
00:53Monday after $771.4 million in inflows last week. For all things money, visit Benzinga.com.
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