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Bitcoin jumps 5% to $64K after Trump signals Iran deal near completion

Market News
08 Jun 2026
Bitcoin
View Source
Bullish
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Bitcoin surged about 5% to $64,000 following U.S. President Donald Trump's statement that Israeli Prime Minister Netanyahu will have no choice but to accept a U.S.-brokered deal with Iran. This eased geopolitical risks that had pressured crypto markets since mid-May, sparking a rebound from a recent low near $59,100. The deal is described as "almost complete," and a confirmed agreement could sustain Bitcoin's recovery, while stalled talks or renewed conflict might push prices back down. The Federal Reserve's interest rate stance remains another key factor influencing Bitcoin's price trajectory.

More News (BTC)

Bitcoin dips amid cautious market; Ethereum rises on selective investor interest.

Bitcoin dips amid cautious market; Ethereum rises on selective investor interest.

Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...

Market News
Neutral
4 hours ago
Bitcoin's rebound lacks strong buying support, relying on softer inflation and macro trends, says Bitfinex.

Bitcoin's rebound lacks strong buying support, relying on softer inflation and macro trends, says Bitfinex.

Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...

Market News
Neutral
4 hours ago
Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...

Technical Signals
Neutral
5 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
5 hours ago
Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

Ether jumps 11% as BlackRock's spot ETFs attract $96M, outpacing Bitcoin's 4% gain this week

Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...

Market News
Bullish
7 hours ago
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