Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical
Key takeaways
- The leading crypto is trading at $65,860, up 2.2% over the past 24 hours and 4% over the past week, according to Coin Gecko data.
- He noted the relief rally in Bitcoin “has already partially arrived,” with the move from the low $60,000s to around $65,800 recovering most of the geopolitical risk premium built up in recent weeks.
- Bitcoin’s recent levels looked significantly oversold from a sentiment perspective, Georgii Verbitskii, derivatives trader and founder of TYMIO, told Decrypt.
Bitcoin Tops $65K on US-Iran Deal, But Traders Remain Skeptical Akash Girimath Mon, June 15, 2026 at 6:03 PM GMT+7 4 min read BTC-USD Bitcoin jumped to highs over $65,000 after President Trump announced a completed deal with Iran, but investors remain skeptical about a lasting turnaround for the crypto market.
The leading crypto is trading at $65,860, up 2.2% over the past 24 hours and 4% over the past week, according to Coin Gecko data. The move follows Trump’s Truth Social posts on Sunday, in which he claimed to have made a “Great Deal” with Iran and authorized the “toll free opening of the Strait of Hormuz” and removal of the U.S. naval blockade.
While this round of Iran negotiations feels different, with Pakistan’s prime minister confirming the deal independently before Trump’s posts, investors are unlikely to fully price in a resolution until the signing in Switzerland happens on Friday, Markus Levin, Co-Founder of XYO, told Decrypt.