Bitcoin Holds $65K After Strategic Iran-Oman Talks Ease Hormuz Fears

NewsMon, 10 Aug 2026 11:52:03 UTC2 hours ago
Bitcoin Holds $65K After Strategic Iran-Oman Talks Ease Hormuz Fears

TL;DR

  • Bitcoin held above $65,000 as reports of possible Iran-Oman progress toward reopening the Strait of Hormuz improved sentiment across crypto and risk markets.
  • BTC traded near $65,209 after a volatile week, while dominance remained above 57% and market capitalization returned near $1.3 trillion.
  • Derivatives leaned cautiously bullish, while Bitway, Worldcoin and Pump.fun posted gains as broader altcoin rotation remained limited and dependent on a stronger bitcoin breakout.

Bitcoin held above $65,000 on Monday as reports of possible Iran-Oman progress around reopening the Strait of Hormuz improved sentiment across crypto and broader risk markets. BTC climbed to $65,209, while Nasdaq 100 futures gained 0.45% and ether rose to $1,925. The curious part is how quickly geopolitical expectations translated into calmer market positioning, even though bitcoin has spent days moving sideways near the same level. The latest advance followed a turbulent stretch in which Middle East developments, U.S. policy uncertainty and changing rate expectations repeatedly pushed traders between caution and renewed optimism for now.

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