Bitcoin dips to $59,700 as Iran de-escalation lifts stocks but not crypto
2026-06-29 08:04:26
Bitcoin traded near $59,700, down 0.3% on the day and 6.8% on the week, as de-escalation in the U.S.-Iran conflict lifted equity futures but left crypto largely unmoved, according to CoinDesk. Axios reported 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 rose 0.5%. Ether rose 0.3% to $1,572 and Solana gained 1.5%, while XRP and dogecoin slid.
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