Bitcoin nears $66K as Trump says US has peace deal with Iran

Written by Martin Youngstaff writerReviewed by Jesse Coghlanstaff editorWritten by Martin Youngstaff writerReviewed by Jesse Coghlanstaff editorBitcoin nears $66K as Trump says US has peace deal with IranLatest NewsPublishedJun 15, 2026US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high.Bitcoin came just shy of $66,000 during Monday morning trading after US President Trump claimed that the US had brokered a peace deal with Iran that would reopen the Strait of Hormuz.“The deal with the Islamic Republic of Iran is now complete. Congratulations to all!” Trump posted on his Truth Social platform late on Sunday. “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!”“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.Source: Donald TrumpTrump has claimed dozens of times over the last two months that a deal to end the war was near, and the crypto markets have traded on news of the Iran war since it started in February with US-Israeli strikes.Markets reacted positively to Trump’s latest claim, with Bitcoin (BTC) reaching $65,881 on Coinbase on Monday morning, according to TradingView. It is the highest the asset has traded over the last 12 days, having not been over $66,000 since June 3.Andri Fauzan Adziima, the research lead at Bitrue Research Institute, told Cointelegraph that the potential deal “removes a major geopolitical risk premium, triggering a clear risk-on move as uncertainty fades.” “Bitcoin has broken above $65,000, fueled by traders rotating back into crypto amid lower oil pressure and a broader stability narrative under a pro-crypto administration,” he added, but …

Bitcoin nears $66K as Trump says US has peace deal with Iran

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