A US-Iran peace framework sent oil prices down 5% and Bitcoin above $66K as markets bet on cheaper energy and falling inflation ahead of a June 19 signing.

The US and Iran agreed on a peace deal framework, sending Bitcoin past $64,000 as markets price in reduced geopolitical risk and ETF inflows accelerate.

Oil prices tumbled and stocks soared Monday after the United States and Iran said they had reached a deal to end their war that will reopen the Strait of Hormuz, sending a wave of…