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Markets🌐4 sources· 3 hours ago

Bitcoin rises 2% to US$65,900 after initial US-Iran deal

Brent fell nearly 5% to about US$83 a barrel, while the S&P 500 gained 1.7% and the Nasdaq jumped 3.1%.

Bitcoin strengthened after the United States and Iran reached an initial agreement to end the conflict and reopen the Strait of Hormuz. Based on CoinMarketCap data on Monday (15/6/2026), Bitcoin traded in the US$63,900-65,900 range, up about 2 percent in 24 hours and nearly 8 percent above last week’s low, which fell below US$60,900. Gains also spread to other crypto assets: Ethereum rose 5.1 percent to US$1,758, Solana climbed 6.6 percent to US$72.6, and XRP added 7.1 percent to US$1.2. Improving risk sentiment also lifted US and Asian stock markets, while about 500 vessels were still waiting in line in the Strait of Hormuz even as the blockade was said to be ending soon.

Sources

  • The Business Times (Singapore)Tier 180% reliableRead38 hours ago
  • RepublikaTier 175% reliableRead5 hours ago
  • ABC NewsTier 275% reliableRead23 hours ago
  • TribunnewsTier 265% reliableRead3 hours ago

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