Oil falls, Bitcoin jumps to $72K, but is this BTC price breakout for real?

Bitcoin moved back toward $72,000 after US President Donald Trump confirmed a ceasefire agreement with Iran, sending oil prices crashing below $100.

Bitcoin (BTC) surged to $72,700 during Monday’s New York trading session as oil fell below $100 per barrel after US President Donald Trump confirmed a two-week ceasefire with Iran. 

Key takeaways:

Bitcoin bounced 7% to $72,700 on Tuesday after the US and Iran agreed to a two-week ceasefire.

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