Bitcoin surges to 4-week peak amid geopolitical optimism. The largest cryptocurrency climbed 2.4% to $74,945, its highest level since March 17, as risk assets rallied on hopes of a US-Iran peace deal. Ether also gained momentum, rising 5.5% to over $2,370. President Trump's announcement that Iran reached out for potential peace talks sparked the rally, with investors betting that a resolution could ease oil prices and support economic growth. Since the conflict began in late February, Bitcoin has outperformed traditional assets, gaining over 10% while gold fell nearly 10% and the S&P 500 remained flat. After crashing from October's all-time high of $126,000, Bitcoin has traded within a tight range for two months, making this rally a notable shift in market sentiment.
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