Bitcoin dips to $59,700 as Iran de-escalation lifts stocks but not crypto

live Updated just now Bitcoin dips to $59,700 as Iran de-escalation lifts stocks but not crypto U.S. equity futures rose after reports the U.S. and Iran agreed to halt strikes and resume talks. Bitcoin has barely moved, still down 6.8% on the week. By Shaurya Malwa Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email just now · 6:03 AM Shaurya Malwa Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email Further peace talks in Mideast bouy equities, but bitcoin continues to lag Crypto opened Monday flat. Bitcoin traded near $59,700, down 0.3% on the day and 6.8% on the week, as a de-escalation in the U.S.-Iran conflict lifted equity futures but left digital assets unmoved, per CoinDesk data. Ether edged up 0.3% to $1,572, Solana added 1.5%, while XRP and dogecoin continued to slide. Axios reported Sunday that the U.S. and Iran agreed to fully halt strikes and meet this week in Qatar to resume talks over the Strait of Hormuz and a broader end to the conflict. S&P 500 and Nasdaq 100 futures gained 0.5% as of Monday, but crypto did not follow. The non-reaction fits the pattern of the past two weeks. Bitcoin jumped on the peace deal signing June 19, then gave it back as the hawkish Fed and ETF outflows reasserted. Traders have now been burned by enough geopolitical relief rallies that the Qatar meeting registers as a maybe rather than a catalyst. South Korea announced plans to double DRAM production capacity in the Seoul metro area over five years, with Samsung and SK Hynix committing 800 trillion won, about $518 billion, to build four new fabrication plants. Asian tech hardware shares slid on the rotation, even as eight of eleven MSCI Asia Pacific subgroups gained. The same AI chip trade that whipsawed markets last week remains the dominant cross-asset current. The test for crypto this week is whether the Iran talks in Qatar produce anything durable, and whether Thursday's PCE print softens enough to shift the Fed narrative. Both need to land to give bitcoin a reason to move. Latest Crypto News 1 $4 billion gone. Spot bitcoin ETFs are on track for their worst month on record 1 hour ago 2 CZ wants to make the U.S. the 'capital of crypto': State of Crypto 10 hours ago 3 Samson Mow says bitcoin bottom is in despite skepticism from analysts 14 hours ago 4 Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall 15 hours ago 5 SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners 15 hours ago 6 Crypto's next frontier isn't crypto, it's financing AI and robotics, Framework's Anderson says 17 hours ago 7 Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss 22 hours ago 8 Why a selloff in gold and silver is dragging bitcoin down Jun 27, 2026 9 What Robinhood’s recent layoffs say about the current state of crypto investments Jun 27, 2026 10 Tether putting $23 billion gold stockpile to work with bullion-backed loans Jun 27, 2026 Latest Research Equities on Crypto Rails: A Platform Comparison Equities on Crypto Rails: A Platform Comparison US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. By CoinDesk Research Jun 26, 2026 US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. Why it matters : US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both - and only Binance at scale. View Full Report More From Tech Live markets: Bitcoin edges higher as U.S. stocks recover from big early losses Coinbase's Base blockchain resumes after two-hour outage disrupted network Live markets: Bitcoin settles in under $60,000