Bitcoin Moves After US-Iran Deal: Is It Enough To Carry BTC?

Bitcoin (BTC) is showing some recovery after a US-Iran peace deal announced by President Trump. The deal is set to be signed this Friday, June 19, 2026. The agreement brings a complete and toll-free opening of the Strait Of Hormuz and an immediate removal of the US naval blockade.

Pakistani Prime Minister Shehbaz Sharif stated that the deal will ensure “permanent termination of military operations on all fronts,” including in Lebanon. Iran has also agreed to never make a nuclear weapon. Let’s discuss if the US-Iran peace deal is enough to keep pushing BTC’s price.

Will Bitcoin Continue Its Rally After US-Iran Peace Deal? Source: Reddit Bitcoin (BTC) began its descent right after hitting an all-time high of $126,080 in October 2025. The dip was triggered by geopolitical tensions and macroeconomic uncertainty.

BTC took another hit in February after the commencing of the US-Iran conflict. The Middle East war has had dire consequences for the larger economy. The closure of the Strait Of Hormuz led to a sudden shortage in the global energy markets, leading to higher than anticipated CPI (Consumer Price Index) figures.

Bitcoin (BTC) took a bit hit earlier this month after inflation came in higher than what many expected. BTC briefly fell to below $60,000 on June 6, 2026. Also Read: Here’s Why Bitcoin Could Shoot Up In H2 Of 2026 Bitcoin (BTC) has reclaimed the $65,000 price level following the announcement of the US-Iran deal.

Crude oil prices have already begun to slide and may continue to fall over the next few days. If oil prices remain low and the peace deal goes successfully, inflation will likely cool off. Lower inflation could lead to the Federal Reserve finally lowering interest rates.

Lower rates often lead to more risky investments as borrowing becomes easier. Bitcoin (BTC) could continue its upswing under this scenario.