Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

Markets

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

The price of crude oil is tumbling, and U.S. stock futures are moving higher.

By

Stephen Alpher

Jun 15, 2026, 12:08 a.m.

1

min read

Make

preferred on

Share

Share this article

Copy link

X icon

X (Twitter)

LinkedIn

Facebook

Email

Make

preferred on

The U.S. and Iran reach a peace deal (Tudoran Andrei/Shutterstock)

The US and Iran

said they reached

an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday.

The price of bitcoin

BTC

$

59,702.33

has risen to $65,700, up 2% over the past 24 hours, and its highest level since the early June plunge.

The price of WTI crude oil has plunged nearly 5% to just under $81 per barrel, its softest level in about two months.

Nasdaq 100 futures are higher by 1.5% and S&P 500 futures are up 0.9%.

Bitcoin News

Related Assets

Bitcoin

$

59,702.33

3.15

%

Latest Crypto News

1

Ether, XRP and dogecoin lead a broad crypto selloff as tech stocks tumble

28 minutes ago

2

Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink

59 minutes ago

3

Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market

9 hours ago

4

Coinbase's Base blockchain resumes after two-hour outage disrupted network

11 hours ago

5

Strategy's yield-generating STRC stock is more correlated with BTC than ever

12 hours ago

6

Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation

12 hours ago

7

a16z-backed crypto firm rebrands, shifts focus to solving AI’s global copyright headache

13 hours ago

8

BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics

14 hours ago

9

Strategy has a 10-month cash runway for dividends, but retail investors are losing faith

14 hours ago

10

Quant fund says bitcoin is near a major inflection point as rare onchain signals align

14 hours ago

Latest Research

CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High

CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

By

CoinDesk Research

Jun 15, 2026

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

Why it matters

:

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

View Full Report

More From

Markets

Ether, XRP and dogecoin lead a broad crypto selloff as tech stocks tumble

Strategy's yield-generating STRC stock is more correlated with BTC than ever

BlackBerry is making a massive comeback as an 'uncrashable' software layer for AI and robotics

More From

Bitcoin

Ether, XRP and dogecoin lead a broad crypto selloff as tech stocks tumble

Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink

Asset management giant Invesco files for tokenized fund targeting stablecoin reserve market

CD20

$1,600.03

CD20 down 3.80 percent

3.80%

BTC

$59,680.72

BTC down 3.19 percent

3.19%

ETH

$1,542.05

ETH down 6.62 percent

6.62%

XRP

$1.03

XRP down 5.41 percent

5.41%

SOL

$67.91

SOL down 2.08 percent

2.08%