Bitcoin has continued to rebound, recovering the $65,000 range about a week after bottoming at $60,000. As of 3 p.m. on June 15, bitcoin was up 0.28 percent from the previous day at $65,858, according to Coin360. Ether rose 0.14 percent to $1,720, solana gained 0.38 percent to $71.24, and binance coin added 0.11 percent to $617. BTC dominance edged up to 58.89 percent.
A key catalyst for the rebound was a dramatic shift in the Iran situation. After President Trump abruptly cancelled additional air strikes on Iran on June 11 and said a peace agreement memorandum of understanding could be signed this weekend, bitcoin jumped 3 percent to above $63,400 from $61,100. Pakistan Prime Minister Shehbaz Sharif (샤바즈 샤리프) also said talks between the United States and Iran could be concluded in the coming days, supporting market optimism. On expectations of easing tensions with Iran, oil prices fell more than 3 percent to their lowest level in 8 weeks.
The listing of SpaceX also sent a favorable signal to the crypto market. SpaceX listed on Nasdaq on June 12 and raised $75 billion, setting a record for the largest initial public offering. In its IPO filing, it disclosed it holds 18,712 bitcoins, worth about $1.29 billion, as a strategic reserve. 기
Institutional flows are also showing signs of a reversal. Spot bitcoin ETFs posted net inflows of $85.85 million on June 12, the biggest single-day net inflow in 4 weeks, and ended 5 straight days of outflows. The amount is small compared with $4.4 billion that left over 13 consecutive trading days, but it is being interpreted as the first signal of a shift in institutional sentiment.
CryptoQuant analyst Darkfost (다크포스트) said that when bitcoin fell below $60,000, whale inflows to exchanges increased to a 90-day average of 5,280 BTC. He said this suggests short-term selling pressure is flowing in, following a pattern seen in a similar period in February. The real test for the market is the FOMC scheduled for June 16 to 17. Bitcoin has mostly shown weak performance around FOMC meetings in bearish phases, and analysts are pointing to whether it can sustain a break above $65,000 as this week’s biggest focus.