# CryptoMarketExtendsRebound

On June 16, crypto markets continued their rebound. Following the US-Iran peace deal, risk appetite has steadily improved, with Bitcoin climbing back above $66,700 and ETH rising over 3% to above $1,770. Major altcoins are broadly higher, with market sentiment turning notably positive. Crypto assets, previously pressured by geopolitical tensions and rate hike expectations, have found relief after the agreement. ETH spot ETFs have seen consecutive days of net inflows, squeezing short positions. Altcoins followed suit, with SOL and XRP both gaining over 3%, as markets reprice geopolitical risk premiums.