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Bitcoin rebounds above $63K as Iran conflict de-escalates, boosting global markets and oil prices fall.

Market News
12 Jun 2026
Coindesk
View Source
Bullish
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Bitcoin climbed back above $63,000 after a week of declines, driven by a sudden easing of tensions in the Iran conflict. President Trump announced a near deal to end the war, which lifted global stocks, pushed oil prices down by 2%, and boosted precious metals. Major cryptocurrencies also rose, reflecting renewed investor confidence. The market's next move depends on the formal signing of the Iran deal expected in Europe this weekend.

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