Bitcoin (BTC), which is a cryptocurrency, has shown some signs of recovery following the announcement by President Trump about a US/Iran Peace Deal. This Friday, 19th June 2026 is the date for signing. The deal will result in a full and free opening of Strait Of Hormuz as well an immediate end to the US blockade. Shehbaz Shair, Pakistan’s Prime Minister stated that it will guarantee “permanent termination of military operations on all fronts,” Including in Lebanon. Iran also has agreed not to make nuclear weapons. Discuss if US-Iran’s peace agreement is sufficient to continue pushing BTC price.
Bitcoin’s rally will continue after US-Iran peace deal?
Bitcoin (BTC), which peaked at $126.080 on October 20, 2025, began to decline. Geopolitical tensions, as well as macroeconomic uncertainties, were the main causes of this dip. BTC suffered another blow in February, after the US-Iran war began. Middle East conflict has caused serious economic damage. Closure of the Strait Of Hormuz caused a global shortage in energy, which led to CPI figures higher than expected. The price of Bitcoin (BTC), which was expected to rise, fell a little bit earlier in the month. BTC fell briefly below $60,000 in 2026.
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Bitcoin (BTC) has reclaimed the $65,000 price level Following the announcement of US-Iran agreement. Crude oil is already falling and it may fall further in the days to come. Oil prices will remain low if the peace agreement is a success. The inflation rate may also cool down. A lower inflation rate could finally lead the Federal Reserve to reduce interest rates. Low rates can lead to riskier investments, as borrowing is easier. Bitcoin (BTC), could see its price continue to rise under this scenario.
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Source: watcher.guru
