Trump’s Iran Deal Sends Stocks to Records, Then the Fed Speaks and Bitcoin Slides
Trump’s US-Iran peace settlement set off a series response throughout international markets this week: oil is down over 12%, the Dow Jones hit a report high, Europe’s STOXX 600 notched an all-time high, and Bitcoin briefly crossed $67,000. Then Kevin Warsh delivered his first Federal Reserve choice, and crypto gave again a few of the features.
The deal, introduced June 14, commits each side to a direct ceasefire, the lifting of the US naval blockade on Iranian ports, and the reopening of the Strait of Hormuz, via which roughly 20% of the world’s oil flows. A proper signing ceremony takes place in Switzerland on June 19.
Oil Falls 12% and Records Tumble Across Global Markets
Oil fell from round $87 to round $76 per barrel on the peace deal announcement. The Dow Jones climbed 0.64% to a brand new report above 52,000 on June 16. Europe’s STOXX 600 hit an all-time high of 639.20.
Japan’s Nikkei 225 surged 4.99% on the day of the deal to shut at a report 69,317, then briefly crossed 70,000 the following session for the first time in the index’s historical past.
The S&P 500 gained 1.6%, and the Nasdaq added 2.87% on the preliminary Iran deal day, although each slipped again the following session as questions grew about how rapidly the Strait of Hormuz may reopen and the Federal Reserve meeting got here into focus. The Dow held its features, supported by industrials and client names that profit most immediately from decrease vitality prices.
Bitcoin Touches $67,000 Before the Fed Pulls It Back
The crypto market added 3.6% at the peak of the Iran deal rally, bringing its complete market cap to $2.3 trillion. Bitcoin crossed $67,000. Spot Bitcoin ETFs recorded $85.8 million in inflows, confirming that institutional demand returned alongside the broader risk-on transfer.
The rally adopted the identical logic as equities: falling oil eases inflation and opens the door to price cuts. Bitcoin, buying and selling as a macro asset, adopted that script. Then Warsh closed the door. The Fed held charges at 3.5–3.75% however stripped the easing bias from its assertion, and the dot plot dropped its final projected price minimize.
Cuts in 2026 are not the base case. Bitcoin slipped to $65,643. Ethereum trades at $1,791, XRP at $1.22, and Solana at $73.56.
The peace deal’s inflation relief nonetheless wants to land in precise CPI knowledge earlier than the Fed will act on it. The Strait reopens formally on June 19. How rapidly cheaper oil feeds via to client costs will decide whether or not this rally has a second leg.
The publish Trump’s Iran Deal Sends Stocks to Records, Then the Fed Speaks and Bitcoin Slides appeared first on BeInCrypto.
