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Bitcoin rebounds above $63K as SpaceX debuts with $1.78T valuation amid Iran peace hopes

Market News
12 Jun 2026
Blockonomi
View Source
Bullish
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Bitcoin rose 1.6% to $63,550 following President Trump's announcement of nearing peace with Iran, easing market fears and boosting cryptocurrencies and equities. SpaceX launched its historic IPO on Nasdaq, raising $75 billion and reaching a $1.78 trillion valuation, marking the largest IPO ever. Oil prices fell 2% on diplomatic progress, reducing inflation concerns, while global stocks rallied, led by Asia and Europe. Market gains hinge on finalizing the Iran deal, with consumer sentiment data also in focus.

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