Bitcoin · Iran · Strait of Hormuz · Donald Trump · SEC · CoinDesk
Bitcoin shoots higher on Iran peace agreement, with Strait of Hormuz set to open
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The US and Iran said they reached an interim agreement to end hostilities and reopen the Strait of Hormuz, with the deal to be signed in Switzerland on Friday.
Key facts
- The price of bitcoin BTC $ 65,821.54 has risen to $65,700, up 2% over the past 24 hours, and its highest level since the early June plunge
- The price of WTI crude oil has plunged nearly 5% to under $81 per barrel, its softest level in about two months
- Nasdaq 100 futures are higher by 1.5% and S&P 500 futures are up 0.9%
- Io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model
- live as of 11 June 2026
Summary
The price of bitcoin BTC $ 65,821.54 has risen to $65,700, up 2% over the past 24 hours, and its highest level since the early June plunge. The price of WTI crude oil has plunged nearly 5% to under $81 per barrel, its softest level in about two months. Nasdaq 100 futures are higher by 1.5% and S&P 500 futures are up 0.9%. 1 Live markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes 1 hour ago.