Bitcoin rose roughly 3% to above $63,000 Thursday after Trump canceled scheduled Iran strikes and signaled a multi-nation peace deal was nearing completion.

Iran and Israel exchanged missile strikes on June 7, sending oil prices up over 3% and Bitcoin sliding toward $63K as Trump called for an immediate

BTC rebounds to $62K, shrugging off U.S.-Iran clashes. However, a 4.2% May CPI print and fears of a Fed rate hike cloud the 2026 outlook.