Brent crude dropped over 5% to $82.84 after a US-Iran ceasefire framework deal. Bitcoin reclaimed $65,000 as lower oil prices ease inflation fears.

Oil prices on Monday fell to their lowest level since March after U.S. officials announced an agreement with Iran.

Oil prices drop over 4% as US-Iran framework deal promises to reopen the Strait of Hormuz. Bitcoin surges above $65,500 on risk-on sentiment shift.