Bitcoin Eases From Earlier Gains on Israel-Iran Cease-Fire — Market Talk

Bitcoin eases slightly after reaching a one-week high overnight as the Israel-Iran cease-fire appeared to hold. Risk sentiment has improved since the cease-fire brokered by President Trump was announced Monday, although uncertainty remains elevated. Speaking from the NATO summit, Trump said he believed the cease-fire would hold. He also said he doesn't think a nuclear deal with Iran is necessary after U.S. strikes on three Iranian nuclear sites, although there would be talks with Iran next week. Bitcoin falls 0.1% to $107,800, having reached a high of $108,291 overnight, according to LSEG. (renae.dyer@wsj.com)