Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus

Crypto Daybook Americas Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus Your day-ahead look for June 15, 2026 By James Van Straten | Edited by Sheldon Reback Jun 15, 2026, 11:58 a.m. 3 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Oil is set to start flowing again through the Strait of Hormuz. (Gerhard Traschütz/Pixabay) Summary Show This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. President Donald Trump said over the weekend that the U.S and Iran had reached a peace deal and will sign it on June 19. Among other conditions, the agreement sees the removal of the U.S. naval blockade and the reopening of the Strait of Hormuz. Crude oil fell 5% to around $80 per barrel. It is now down roughly 33% from its early March high of $120. Equity markets rose on the news. Indexes advanced worldwide, except in Tel Aviv, and U.S. stocks rallied in pre-market trading. The Invesco QQQ ETF, which tracks the Nasdaq 100 index, added 2% in pre-market trading. Bitcoin BTC $ 66,178.46 and precious metals also gained. The largest cryptocurrency briefly topped $66,000, and was recently 2.7% higher over 24 hours, with most of the advance occurring on Sunday shortly after Trump's announcement. Gold has risen nearly 3% over 24 hours to trade above $4,330 per ounce. This extended ceasefire will remain in place for another 60 days, while talks on a final deal proceed. It's worth keeping in mind the numerous shifts in negotiations over recent months, including ceasefires, breakdowns and renewed agreements, which suggest the path to a lasting resolution is unlikely to be straightforward Keep in mind too, that on June 17, Federal Reserve Chair Kevin Warsh presides over his first FOMC meeting. Markets are currently pricing a 97% probability the Fed will leave the federal funds rate unchanged at 3.50%-3.75%. Following the sharp decline in oil prices, investors are no longer pricing in any interest-rate increases this year. Expectations for the next 25 basis-point increase have been pushed back to January 2027. That may change if the situation in the Middle East becomes murkier. Stay alert! Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ." What’s trending For real this time? U.S., Iran peace deal at hand (CNBC): The U.S. and Iran have gotten the furthest yet in their efforts to end their war, with President Donald Trump saying that Washington and Tehran have agreed on a peace deal to be signed on June 19. The deal will see the Strait of Hormuz opened and the U.S. naval blockade lifted. Oil prices hit three-month lows on US-Iran agreement (CNN): Brent crude, the global oil benchmark, fell 5% to $82.91 a barrel shortly after 5 a.m. ET, having settled Friday at its lowest level since March 5, the first week of U.S.-Israeli airstrikes against Iran. WTI crude also fell to its lowest since early March. Bitcoin traders have a reason to watch Tuesday's BOJ rate decision. Yen shorts are at a nine-year high (CoinDesk): A large build-up of speculative short positions in the yen raises the risk of a sharp short squeeze if the Bank of Japan signals more aggressive tightening, potentially unwinding yen-funded carry trades that support risk assets. Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve (CoinDesk): The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market. Today’s signal (TradingView) The chart shows bitcoin's weekly price change along with its Fibonnaci levels and relative strength index (RSI). The price rebounded from a support level of $60,000 — set at the 0.618 Fibonnaci retracement — but even at its current $65,600 remains in a broader downtrend described by a series of lower highs. The RSI is weak at 37 and a weekly close above $66,000 would signal a tentative reclaim. Failure to reach that level, however, still leaves $60,000 exposed. If it does make the break, the next resistance level is positioned at $68,900, and then $80,000-$82,500. Crypto Daybook Americas Related Assets Bitcoin $ 66,178.46 2.63 % Latest Crypto News 1 U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary 40 minutes ago 2 Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead 1 hour ago 3 Trump-linked stablecoin used for bonus payouts at White House UFC contest 3 hours ago 4 Ark Invest bought more than $500 million worth of SpaceX shares on IPO day 4 hours ago 5 Bitcoin traders have a reason to watch Tuesday's BOJ rate decision. Yen shorts are at a nine-year high 5 hours ago 6 Live markets: Bitcoin jumps above $66,000 as short squeeze builds on US-Iran deal hopes 6 hours ago 7 XRP climbs 4% above $1.18 as traders test next resistance zone 7 hours ago 8 Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding 8 hours ago 9 Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open 11 hours ago 10 Bitcoin could crash to $48,000, if this historical pattern is triggered 16 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research 9 minutes ago In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Crypto Daybook Americas For crypto, SpaceX's stock market debut could go either way As SpaceX IPO approaches, Polymarket, Ventuals assign $2 trillion valuation onchain The inflation scenario that could send bitcoin tumbling below $60,000 More From Bitcoin U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead Trump-linked stablecoin used for bonus payouts at White House UFC contest