Bitcoin Tops $65,000 as US-Iran Peace Reports Ease Market Fear

Highlights:

• Bitcoin rose above $65,000 after U.S.-Iran peace reports eased wider market fears.
• WLD and NEAR led crypto gains as traders returned to risk assets.
• Oil prices fell while Asian stocks climbed after hopes grew for regional stability.

Bitcoin (BTC) climbed above $65,000 late Sunday as reports of a U.S.-Iran peace agreement eased fears of a wider conflict. Traders moved back into risk assets after a volatile weekend, helping crypto prices recover from recent pressure.

Advertisement

At the time of writing, BTC was trading at $65,689, up 2.23% in the past 24 hours, according to CoinMarketCap. Earlier in the weekend, Bitcoin had fallen near $63,600 before buyers returned. Other major cryptocurrencies also gained ground. Ethereum rose 2.72% to $1,718, XRP advanced 3.19% to $1.18, and Solana jumped 4.54% to $71.25.

Donald Trump's Iran peace deal sends $BTC to $66k.

It's Bitcoin's highest level in 12 days as oil prices drop 5%. pic.twitter.com/8hWHP7V3ZO

— Token Metrics (@tokenmetricsinc) June 15, 2026

Worldcoin and NEAR led the crypto rally. WLD jumped 18% in 24 hours, while NEAR gained 14% as traders returned to risk assets.

Near And Worldcoin Lead Crypto Rally After Iran Breakthrough

Worldcoin $WLD surged 20% over the past 24 hours, leading gains across the crypto market after US President Donald Trump announced that a deal with Iran had been completed.$NEAR also climbed 12% as risk appetite… pic.twitter.com/gQuldSYeVs

— BSCN (@BSCNews) June 15, 2026

Peace Reports Push Traders Back Into Risk Assets

Trump announced the agreement in a late Sunday post on Truth Social. “The deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump posted on his Truth Social platform late on Sunday. In another post, he said the United States would remove the naval blockade and reopen the Strait of Hormuz.

“I hereby fully authorize the toll-free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” Trump said. “Ships of the World, start your engines. Let the oil flow!” Trump also said oil movement would resume after the deal is signed on Friday.

“With the opening of the Strait upon the signing of the deal on Friday […] oil will flow on both ends again for the region, and the World!” he said in a separate post.

Trump: Deal With Iran Complete, Strait of Hormuz Opened and Naval Blockade Ended

U.S. President Donald Trump said a deal with Iran has been reached and announced the reopening of the Strait of Hormuz to international shipping. Trump also said the U.S. naval blockade has been… pic.twitter.com/dDXxbY74BX

— Wu Blockchain (@WuBlockchain) June 14, 2026

Dominick John, an analyst at Zeus Research, said markets reacted quickly to the peace reports. “Markets are repricing risk after reports of a U.S.-Iran peace deal and the reopening of the Strait of Hormuz, triggering a broad risk-on move across assets,” said Dominick John, an analyst at Zeus Research. “This move is driven by positioning and risk rotation rather than a shift in underlying fundamentals.”

Rick Maeda, head of markets at Laevitas, said the recent rise in crypto prices came mainly from wider market relief, not from any crypto-specific development. He added that thin weekend trading made the move stronger.

Crypto Rally Follows Strong Asian Market Gains

Improved market sentiment also helped Asian stocks. Japan’s Nikkei 225 rose 4.99% by midday Monday, while South Korea’s Kospi jumped 5.20%. Hong Kong’s Hang Seng Index gained 0.53%, and China’s Shenzhen Component Index added 3.79%. 

Oil prices fell after the peace announcement. Brent crude traded near $87.33 per barrel. Meanwhile, WTI crude stood around $84.88 as traders reduced the risk premium from energy markets.

Jeff Ko, chief analyst at CoinEx, also said the crypto recovery came mainly from a drop in broader market risk. He explained that Trump’s latest signal about a possible U.S.-Iran deal pushed oil prices lower and helped Asian markets rise. Traders will now watch for full deal confirmation and clear terms for reopening the Strait of Hormuz. Markets will also track any sign of renewed tension, along with crude oil’s next move.

Advertisement