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Bitcoin jumps to $64,349 after Trump hints at U.S.-Iran peace deal despite Tehran denial.

Market News
12 Jun 2026
Bitcoin
View Source
Neutral
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Bitcoin briefly surged past $64,000 following U.S. President Donald Trump's announcement of a tentative peace deal with Iran, reaching a seven-day high of $64,349. However, Iranian officials quickly denied the agreement, causing volatility but not shaking broader markets. Despite the geopolitical news, bitcoin faces liquidity challenges with significant outflows from spot ETFs, suggesting that easing tensions alone may not sustain a rally. Analysts warn that bitcoin's future performance will hinge on global liquidity conditions amid ongoing geopolitical and economic uncertainties.

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