Bitcoin breached $64K following a teased U.S.-Iran peace deal, but massive spot ETF outflows reveal a deeper, critical liquidity crisis.

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.

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.