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Cryptocurrencies dip despite Trump signing Iran peace deal; Bitcoin in fragile recovery phase.

Market News
17 Jun 2026
Benzinga
View Source
Bearish
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After President Donald Trump signed a historic peace deal with Iran, major cryptocurrencies including Bitcoin, Ethereum, XRP, and Dogecoin fell, with Bitcoin dropping below $64,000. The crypto market saw nearly $440 million liquidated in 24 hours, signaling cautious investor sentiment despite the geopolitical easing. Stock futures, however, rallied strongly following the peace agreement. Analysts note Bitcoin remains in a fragile recovery phase, with key metrics indicating uncertainty among short-term holders and potential for either recovery or renewed panic.

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