US-Iran War Drives Bitcoin to Near $70,000 for the First Time Since April

Jun 2, 2026 - 11:00
US-Iran War Drives Bitcoin to Near $70,000 for the First Time Since April
Bitcoin (BTC) hit new seven-week lows on Monday amid a collapsing peace deal between the US and Iran. Key points: Bitcoin falls quickly as it appears that Iran is withdrawing from peace negotiations. Oil spikes while stocks avoid volatility, but not even solid US PMI data can save BTC price action. Analysis warns that Bitcoin...

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