Market sentiment showed a temporary improvement, although still within a range of caution.
A possible agreement in the face of the Middle East war recovered the market by a percentage.
The price of bitcoin (BTC) experienced a rebound this Thursday, June 11, 2026, surpassing the $61,000 mark.
The following graph shows how the price of the digital currency has moved during the last 7 days:
In market terms, bitcoin rose approximately 3% from $61,400 to $63,246 in 24 hours. At the same time, the total capitalization of the cryptocurrency market increased by 2.67%, reaching close to $2.18 trillion. However, during the week the sector had suffered a strong correctionwith losses estimated at 390 billion dollars.
This bullish movement responds directly to the announcement of the president of the United StatesDonald Trump, who assured this Thursday that he would have reached “a great deal” with Iran to end the war, and evoked a possible signature in the coming days, “perhaps in Europe”, a radical turn just hours after threatening new attacks.
Bitcoin price managed to recover after falling below the $64,000 level which had reached Monday, June 8. This rally was mainly driven by two factors: a temporary moderation of geopolitical tensions in the Middle East and a new purchase of BTC by the Strategy company, as indicated by CriptoNoticias.
Pressure on global markets eased after a pause in direct confrontations between Israel and Iran was confirmed. According to Reutersthis truce came after a call from the President of the United States, Donald Trump, urging both sides to immediately stop hostilities.
In parallel, Strategy made an acquisition of Bitcoin valued at $101 million. Additionally, its president, Michael Saylor, reported that the company raised its cash position to $1 billion and suggested on social media that current price levels could represent an attractive purchasing opportunity.
With the rebound on June 11, bitcoin seems to be heading towards the short-term projections of some personalities in the ecosystem, such as analyst Michaël van de Poppe who, from a technical point of view, identified the zone of 64,000 to 65,000 dollars as a determining resistancewhose breakout could open the way to movements towards higher levels in the range of 71,000 to 73,000 dollars.