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Bitcoin jumps to three month high as US Iran peace hopes lift risk bets

Economy
Published on 8 May 2026
Bitcoin jumps to three month high as US Iran peace hopes lift risk bets

ETF inflows and a gold pullback are turning heads

Bitcoin has climbed to a three month high as reports of de escalation in US Iran hostilities boost investor confidence. Risk appetite has spilled into broader markets, while gold prices appear to soften as some investors rethink allocations. Traders are now watching whether rising ETF inflows could push BTC higher toward fresh targets.

  • Bitcoin hits a three month peak amid US Iran de escalation reports
  • Higher confidence is lifting both crypto and stock markets
  • Gold is pulling back as investors rotate strategies
  • Rising ETF inflows are fueling upside speculation for BTC
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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