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Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Market News
16 Jun 2026, 07:48 WIB
Coindesk
View Source
Neutral
Bitcoin stalls near $67K as traders await Iran deal signing and Fed decision, cautious after past false rallies.

Bitcoin briefly rose above $67,000 but retreated as traders remain cautious about the tentative US-Iran peace deal, which has boosted stocks and oil but not crypto. This is the third ceasefire attempt, and previous rallies quickly reversed, so investors are waiting for the official June 19 signing and the upcoming Federal Reserve decision before committing. Institutional demand remains muted, with spot bitcoin ETFs just pausing outflows after heavy withdrawals. The market is watching key events this week to determine if the recent bounce in bitcoin will hold or fade like before.

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