{"id":914,"date":"2026-06-12T11:31:30","date_gmt":"2026-06-12T11:31:30","guid":{"rendered":"https:\/\/nile1.com\/en\/?p=914"},"modified":"2026-06-12T11:31:57","modified_gmt":"2026-06-12T11:31:57","slug":"bitcoin-reaches-63000-as-trump-cancels-military-strikes-against-iran","status":"publish","type":"post","link":"https:\/\/nile1.com\/en\/2026\/06\/12\/bitcoin-reaches-63000-as-trump-cancels-military-strikes-against-iran\/","title":{"rendered":"Bitcoin reaches $63,000 as Trump cancels military strikes against Iran"},"content":{"rendered":"<p><a href=\"https:\/\/nile1.com\/en\/2026\/06\/04\/bitcoin-slumps-toward-yearly-lows-as-institutional-outflows-and-corporate-sales-erase-gains\/\" class=\"auto-internal-link\" title=\"Bitcoin Slumps Toward Yearly Lows as Institutional Outflows and Corporate Sales Erase Gains\">Bitcoin<\/a> rose above $63,000 on Thursday, June 11, 2026, following an announcement by U.S. President Donald Trump that he canceled planned military strikes against Iran. The president stated on TruthSocial that talks reached the highest levels of Iranian leadership and an agreement was approved by the United States, Israel, Saudi Arabia, the United Arab Emirates, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, and Egypt.<\/p>\n<p>Trump said a naval blockade will remain in effect until the transaction is finalized. Bitcoin had previously traded near $60,000 and reached annual lows earlier in June before the recovery to $63,000. <\/p>\n<p>On Friday, June 12, Tehran stated it has not yet made a final decision regarding the pact. Trump told reporters at the White House that a signing could occur this weekend in Europe and that the <a href=\"https:\/\/nile1.com\/en\/2026\/06\/04\/bitcoin-slumps-toward-yearly-lows-as-institutional-outflows-and-corporate-sales-erase-gains\/\" class=\"auto-internal-link\" title=\"Bitcoin Slumps Toward Yearly Lows as Institutional Outflows and Corporate Sales Erase Gains\">Strait of Hormuz<\/a> would officially reopen upon the signing. The three-month conflict has resulted in thousands of deaths and the closure of the strait to maritime traffic.<\/p>\n<p>The office of Israeli Prime Minister Benjamin Netanyahu stated that Israel is not part of the memorandum of understanding with Iran. Trump has stated since mid-March that a deal was close, though both parties exchanged military attacks earlier this week.<\/p>\n<p>SpaceX began trading on the Nasdaq under the ticker SPCX on Friday, June 12. The listing is part of an IPO cycle including OpenAI and Anthropic. BloFin Research stated this cycle could absorb more than $240 billion from the market by the end of 2026. U.S. spot bitcoin ETFs have recorded sustained net outflows since mid-May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin rose above $63,000 on Thursday, June 11, 2026, following an announcement by U.S. President Donald Trump that he canceled planned military strikes against Iran. The president stated on TruthSocial that talks reached the highest levels of Iranian leadership and an agreement was approved by the United States, Israel, Saudi Arabia, the United Arab Emirates, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[7],"tags":[66,186,302,1164,822,1165,865],"class_list":["post-914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-bitcoin","tag-donald-trump","tag-iran","tag-nasdaq","tag-spacex","tag-spcx","tag-strait-of-hormuz"],"_links":{"self":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/comments?post=914"}],"version-history":[{"count":2,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/914\/revisions"}],"predecessor-version":[{"id":917,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/914\/revisions\/917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/media\/916"}],"wp:attachment":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/media?parent=914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/categories?post=914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/tags?post=914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}