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Bitcoin slipped below $66,000 even as a peace deal involving Iran sent stocks and oil prices higher, according to Pluang.
The divergence between $BTC and traditional risk assets raises questions about the token's standing as a macro proxy trade.
Crypto Decouples From a Risk-On Session When geopolitical risk eases, money typically flows into equities and commodities simultaneously.
The Iran deal fit that pattern for stocks and oil, both of which moved higher on the news.
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