Bitcoin holds near $64,000 as US-Iran talks progress but crypto sits out the rally
CoinDesk 2026-06-22 04:58:49
Context: Asian stocks and tech sectors experienced a surge after the US and Iran reached a roadmap agreement for a final peace deal, which in turn caused oil prices to drop below $80. However, the cryptocurrency market did not participate in this rally. Bitcoin's value remained near $64,000.
Key Facts
- Asian stocks and tech sectors climbed following the US and Iran agreeing on a roadmap to a final peace deal.
- The agreement led to oil prices dropping below $80.
- Bitcoin's value remained near $64,000, having declined 2% over the week.
- The memecoins were among the biggest losers in the cryptocurrency market during this period.
- The cryptocurrency market, in general, stayed soft and did not experience the same level of growth as other sectors.