The most recent Middle East peace agreement appears to carry more weight than the dozen previous agreements. Stocks continue to rise, bond yields are falling and oil has fallen near a three-month low.
However, no news could push crypto prices higher.
Bitcoin (BTC) fell back to $72,500 in morning trading in the United States, down about 0.5% over the past 24 hours and 5.5% over the past week. Other crypto majors are showing similar declines.
Bitcoin started May at around $77,000, so absent a significant rally over the next 60 hours, BTC will be negative for the month, ending a two-month winning streak.
