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Bitcoin and ether fall as Fed signals tighter policy despite Iran peace deal boosting stocks

Market News
18 Jun 2026
Coindesk
View Source
Bearish
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Cryptocurrencies including bitcoin and ether dropped after the Federal Reserve kept interest rates steady but signaled a more hawkish stance on inflation, suggesting rates may stay higher for longer. This tightening of financial conditions weighed on risk assets like crypto, despite stocks rising on news of a signed Iran peace deal that eased geopolitical tensions. Bitcoin traded around $63,900, down 3% in 24 hours, while ether and other major tokens also fell. Analysts expect bitcoin to remain between $60,000 and $70,000 unless new catalysts like U.S. crypto legislation or further Iran de-escalation emerge. The market appears to be consolidating amid cautious investor sentiment under the tighter Fed policy environment.

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