Bitcoin

The US-Iran peace deal, if credible, removes a major geopolitical tail risk that has been keeping energy prices elevated. Falling oil prices would ease inflation, potentially allowing central banks to pivot toward looser monetary policy—a historically bullish catalyst for Bitcoin and altcoins. However, the Australian fuel excise cut extension is a minor fiscal measure with negligible cross-border impact on crypto markets.

Australian PM Anthony Albanese signals possible extension of fuel excise cut and welcomes announcement of US-Iran peace deal