Svmuu News: Nick Ruck, a director at LVRG Research, stated that although Bitcoin recently reclaimed the $67,000 level, its momentum remains weak, with declining trading volume and stagnant on-chain metrics indicating that the recovery lacks strength. U.S. President Donald Trump said on Sunday that the United States has reached a peace agreement with Iran to end months of conflict, and the agreement is expected to be signed on Friday.While many details of the agreement remain unknown, Trump said the deal would open the Strait of Hormuz, with the U.S. lifting its blockade of the strait and Iranian ports, and the two countries would then engage in 60 days of negotiations regarding Iran’s nuclear program and potential sanctions relief. Swissblock noted on Monday that Bitcoin’s price momentum and On-Balance Volume indicators remain in a state of “weak momentum and weak participation.”Although Bitcoin rebounded to $67,000 on Monday after falling below $60,000 on June 6, price momentum remains at -1, and the On-Balance Volume (OBV) has dropped to a multi-year low of -1.7 million. (Cointelegraph)