The crypto market staged a sharp comeback after U.S. President Donald Trump announced that a deal with Iran had been completed. This eased fears of wider conflict in the Middle East and sent a wave of buying across digital assets. Nearly $60 billion was added to the total crypto market in a matter of hours.
Bitcoin climbed above $65,000, while Worldcoin posted one of the biggest individual gains among major cryptocurrencies. The development quickly dominated crypto news and broader global markets. Investors welcomed a meaningful shift in the geopolitical mood.
The catalyst came straight from Truth Social. In a post that immediately moved markets, Trump declared: “The Deal with the Islamic Republic of Iran is now complete. Congratulations to all!” He also confirmed he had authorized the reopening of the Strait of Hormuz and the removal of the U.S. naval blockade. The agreement was set to be formally signed in Switzerland.
The US Iran deal news landed after weeks of mounting uncertainty around military activity and fears of disruption to global oil supplies. Investors wasted no time responding. Risk appetite surged across financial markets as the threat of a wider regional conflict receded.
Bitcoin moved fast. At the time of writing, BTC was trading near $65,600. It is up roughly 2% over the past 24 hours. Analysts pointed to a combination of geopolitical relief, renewed ETF inflows and a short squeeze that caught bearish positions off guard.
Bitcoin 7-Day Price Chart June 9 – June 15, 2026. Source: CoinMarketCap
U.S. spot Bitcoin ETFs recorded nearly $86 million in net inflows after several consecutive days of outflows. A notable reversal that helped lift crypto market news today sentiment considerably. Analysts now believe Bitcoin could push toward $66,000 if the $64,800 support level continues to hold.
While Bitcoin’s move was measured, Worldcoin news stole the spotlight, $WLD surged nearly 16%. It is benefiting from renewed investor confidence and a broad rotation back into risk assets. Several other altcoins followed suit as traders returned to the sector with fresh appetite. The Worldcoin spike illustrated just how quickly sentiment can reverse when geopolitical and macroeconomic clouds begin to lift.
The immediate reaction has been encouraging, but analysts are urging caution. The upcoming Federal Reserve meeting remains a key variable. Interest rate expectations and bond yields continue to drive behavior across all risk assets, crypto included. That said, the longer-term picture remains constructive. Growing institutional adoption, expanding ETF access and continued whale accumulation are all providing support beneath Bitcoin’s broader recovery.
For now, the latest crypto news reflects a market responding positively to easing geopolitical risk. If the Iran agreement moves forward as expected, it could extend the tailwinds for digital assets into the weeks ahead. The bigger question is whether this rally marks the beginning of a stronger recovery or just a headline-driven bounce. It is one the market will be answering in real time.
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