Bitcoin tops $64K on Iran peace deal news as spot ETF outflow streak snaps

Two specific events drove Bitcoin's 1.16% gain to $64,503. First, Pakistan's prime minister publicly stated that an Iran peace deal is near — geopolitical de-escalation in the Middle East tends to reduce the risk premium baked into global assets, and Bitcoin has increasingly tracked that dynamic. Second, spot Bitcoin ETFs recorded $85.8 million in net inflows on Friday, snapping a five-day outflow streak. Consecutive days of fund redemptions had been a quiet headwind; Friday's reversal removed it. Ethereum barely moved — up just 0.12% to $1,675 — and its ETF products continued to see outflows, a divergence from Bitcoin's fund flow picture. BNB (+1.50%), Solana (+1.42%), and Hyperliquid (+2.86%) all outpaced Bitcoin on the day, suggesting some appetite for risk further down the cap scale, though the Fear & Greed index at 18 (Extreme Fear) indicates the broader market mood remains defensive. Bittensor (TAO) jumped 9.24% — the day's biggest gain among tracked assets — but no specific announcement, protocol event, or on-chain development has been identified as the driver. The move appears technical or driven by flows not captured in available data. Audiera (BEAT) fell 32.72% with similarly unclear causation; the researcher's data references general AI-sector sentiment and unspecified regulatory scrutiny, but names no specific ruling or enforcement action.

• –SpaceX is reportedly moving toward an IPO, which would put its $1.3 billion Bitcoin reserve under public company disclosure requirements for the first time.
• –The founder of Etherealize told reporters that Wall Street firms are moving past crypto pilot programs and deepening direct engagement with Ethereum's network.
• –A CoinDesk analysis flagged that the next major crypto hack could exploit AI-assisted attack methods capable of moving faster than human security teams can respond.