Crypto Currency

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 14, 2026, 8:08 p.m. ET 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn

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.

Make preferred on

Share this article
X iconX (Twitter)LinkedInFacebookEmail

Make preferred on

Map of Iran with a pin just north of Esfahan. (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 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$64,323.13

0.75%
Bitcoin News
Related Assets
Bitcoin$64,323.13

0.75%

Latest Crypto News
  1. 1
    MoneyGram expands on Solana with global crypto-to-cash service

  2. 2
    Australian watchdog suspends Cryptolink, forcing 96 ATMs offline

  3. 3
    Ravencoin could roll back four days of transactions after critical block flaw

  4. 4
    Coinbase picks Abu Dhabi for its global tokenized asset push

  5. 5
    When safe assets compete with risk. Lessons from the 1960s–90s for bitcoin and stocks.

  6. 6
    Bitcoin-backed lending is entering its institutional era: Two Prime

  7. 7
    Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

  8. 8
    Live updates: Bitcoin slips as corporate BTC enthusiasm moves to AI

  9. 9
    FlightAware sues Kalshi over bets on flight cancellations

  10. 10
    Software stocks break away from bitcoin: What the rare divergence means for crypto

Latest Research
CoinDesk

Building the Zcash Machine: Tachyon and Quantum Readiness

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Why it matters:

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

View Full Report
More From Markets
Alexander Blume, founder and CEO of Two Prime, speaks at Consensus 2src26 in Miami (CoinDesk)

Bitcoin-backed lending is entering its institutional era: Two Prime

Bitcoin price (CoinDesk data)

Bitcoin stuck below $65,000 as Hormuz hopes evaporate, XRP close to dropping below $1

IGV, BTCUSD (TradingView)

Software stocks break away from bitcoin: What the rare divergence means for crypto

More From Bitcoin
Anthony Soohoo, Chairman and CEO of MoneyGram, speaking at Consensus 2src26 (CoinDesk)

MoneyGram expands on Solana with global crypto-to-cash service

Bitcoin ATM being used (General bytes/Unsplash)

Australian watchdog suspends Cryptolink, forcing 96 ATMs offline

A bug over a delete button. Ravencoin might erase four days of blockchain history after a critical flaw in how it processes transactions. (Shutterstock)

Ravencoin could roll back four days of transactions after critical block flaw

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Top 5 Companies To Watch in Q3 For Stock Market Traders

A record Nasdaq listing, a meme-fueled trading boom, and the largest corporate Bitcoin (BTC) holder selling its coins are set to define this quarter. These 5 companies across AI and crypto carry the stories investors will follow through September. Each faces a key test this quarter…

A record Nasdaq listing, a meme-fueled trading boom, and the largest corporate Bitcoin (BTC) holder selling its coins are set to define this quarter. These 5 companies across AI and crypto carry the stories investors will follow through September. Each faces a key test this quarter…
Read More

Continue Reading
Crypto Currency

Bitcoin and Ether ETFs Snap 8-Week Outflow Run With Combined Inflows of $282 Million

Bitcoin and ether ETFs finally broke their eight-week outflow streaks, drawing fresh capital as institutional demand began to recover from a prolonged redemption cycle. Blackrock’s IBIT and ETHA Lead Crypto ETF Recovery The crypto exchange-traded fund (ETF) market finally found some footing. After nearly two months of steady withdrawals…

Bitcoin and ether ETFs finally broke their eight-week outflow streaks, drawing fresh capital as institutional demand began to recover from a prolonged redemption cycle. Blackrock’s IBIT and ETHA Lead Crypto ETF Recovery The crypto exchange-traded fund (ETF) market finally found some footing. After nearly two months of steady withdrawals…
Read More

Continue Reading
Crypto Currency

Strive (ASST) Adds 18 Bitcoin, Pushing Treasury to 19,900 BTC

Bitcoin Magazine Strive (ASST) Adds 18 Bitcoin, Pushing Treasury to 19,900 BTC Strive (ASST) purchased 18 bitcoin for about $1.2 million last week, increasing its treasury to 19,900 BTC while maintaining $154.1 million in cash as it continues integrating its bitcoin-focused treasury strategy. This post Strive (ASST) Adds 18 Bitcoin…

Bitcoin Magazine

Strive (ASST) Adds 18 Bitcoin, Pushing Treasury to 19,900 BTC
Strive (ASST) purchased 18 bitcoin for about $1.2 million last week, increasing its treasury to 19,900 BTC while maintaining $154.1 million in cash as it continues integrating its bitcoin-focused treasury strategy.
This post Strive (ASST) Adds 18 Bitcoin…
Read More

Continue Reading
Crypto Currency

Bitcoin Rebound To $64,000 Puts Overhead Supply Back In The Market’s Way

Bitcoin’s move back toward the $64,000 area gives bulls something to work with, but it does not remove the market’s next problem. After a sharp recovery, the focus now shifts to overhead supply and whether buyers can abs…

Bitcoin’s move back toward the $64,000 area gives bulls something to work with, but it does not remove the market’s next problem. After a sharp recovery, the focus now shifts to overhead supply and whether buyers can abs…
Read More

Continue Reading