Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near

Bitcoin's price surpassed $64,000 on Saturday, driven by significant inflows into Bitcoin Exchange Traded Funds (ETFs) and increasing optimism regarding geopolitical stability. This surge followed a statement from Pakistan's Prime Minister, who indicated that a peace deal between Iran and Pakistan was imminent. The cryptocurrency experienced its strongest ETF inflows in approximately one month, signaling renewed investor interest. The positive sentiment surrounding potential de-escalation of regional tensions appears to be a key factor influencing Bitcoin's upward momentum. Analysts are closely monitoring these developments for further impact on digital asset markets. The price movement represents a notable recovery for Bitcoin, which had seen fluctuations in recent weeks. The combination of technical indicators, such as ETF flows, and fundamental geopolitical news is contributing to the current market sentiment.