Bitcoin price reclaims $65K after Bessent opens Ir
#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge Bitcoin price reclaims $65K after Bessent opens Iran oil doorBitcoin has reclaimed the $65,000 level after the U.S. Treasury temporarily authorized Iranian oil sales amid progress in talks with Tehran.
According to data from crypto.news, Bitcoin ($BTC) climbed more than 3.5% from an intraday low of $63,231 to a high of $65,468 on Monday, June 22, before easing to around $65,000 at press time. The asset’s recovery came as investors responded to signs of improving geopolitical conditions and falling energy prices.
In a statement released on June 22, the U.S. Treasury announced a General License allowing the production, delivery, and sale of crude oil, petroleum products, and petrochemicals of Iranian origin through Aug. 21, 2026.
Treasury Secretary Scott Bessent linked the decision to recent diplomatic developments in Switzerland. Bessent stated that ongoing talks had been productive and noted that Iran had committed to maintaining free transit through the Strait of Hormuz while also permitting inspectors from the International Atomic Energy Agency to return to the country.
Under President @realDonaldTrump and @VP, we continue to make the world safer and more prosperous.
In line with the ongoing productive talks in Switzerland, Iran has committed to free and open transit in the Strait of Hormuz and to permit International Atomic Energy Agency…
— Treasury Secretary Scott Bessent (@SecScottBessent) June 22, 2026
Additional support for market sentiment came after U.S. Vice President JD Vance said Iran had agreed to allow nuclear inspectors back into the country, a step he described as evidence of Tehran’s willingness to move away from its nuclear program
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