Bitcoin Pops 3% as Trump Cancels Iran Strikes — But One Headwind Stays

Jun 12, 2026 - 05:00
Bitcoin Pops 3% as Trump Cancels Iran Strikes — But One Headwind Stays
President Donald Trump announced that he had cancelled planned Iran strikes and that a peace deal is close to being signed. This announcement sent Bitcoin up 3%, but one major headwind for institutional capital remains. Bitcoin climbed from $61,100 to above $63,400 on Thursday, June 11, after Trump said a memo of understanding with Iran...

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