Svmuu News: The crypto market is hoping to shake off months of geopolitical pressure this week. Following the announcement of a temporary peace agreement between the U.S. and Iran, Bitcoin rose to nearly $66,000 on Monday, up about 3.5% from last Friday;Crypto-related stocks such as Strategy (MSTR) and Galaxy Digital (GLXY) also rose in pre-market trading. However, the market remains cautious, as ceasefire agreements have broken down multiple times in the past. The April ceasefire did not hold, and U.S. military operations last month led to another round of ceasefire breakdowns, which temporarily dragged down crypto asset prices. This week’s focus will shift to the Federal Reserve’s interest rate decision. On Wednesday, Federal Reserve Chairman Kevin Warsh will preside over his first interest rate meeting, with the market expecting rates to remain unchanged in the 3.50%-3.75% range. Analysts note that the release of the latest “dot plot” (which shows interest rate projections from Federal Reserve officials) and the shortened trading hours due to the U.S. Midsummer Day holiday on Friday may reduce market liquidity. This week’s economic data and policy guidance from Federal Reserve will determine whether the crypto market can achieve a further rebound amid easing geopolitical risks. (CoinDesk)