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Mideast peace talks boost stocks but Bitcoin remains flat amid cautious sentiment

Market News
29 Jun 2026
Coindesk
View Source
Neutral
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Peace talks between the U.S. and Iran, set to resume in Qatar, have lifted equity futures like the S&P 500 and Nasdaq 100 by about 0.5%, reflecting optimism over de-escalation in the Middle East. However, Bitcoin and other cryptocurrencies showed little movement, with Bitcoin down 0.3% on the day and 6.8% over the week, as traders remain cautious after previous geopolitical relief rallies faded. Meanwhile, South Korea plans a massive $518 billion investment to double DRAM production, impacting Asian tech shares. The crypto market awaits durable outcomes from the Iran talks and the upcoming U.S. inflation data to potentially shift Federal Reserve policy and influence Bitcoin's direction.

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