Bitcoin Tests High End of Trading Range Amid Iran Optimism

Bitcoin trended toward the high end of its more than two-month trading range as risk assets rallied on optimism that the US can strike a deal with Iran to end their conflict.

The largest cryptocurrency by market value reached a four-week high, climbing as much as 4% to $76,094, the most since Feb. 4, before paring gains to trade around $74,000. Smaller tokens also advanced, with Ether up as much as 7.3% to over $2,400.