The agreement could be signed this Sunday, June 14, according to Reuters sources.
Oil falls to its lowest price since March, reducing global inflationary pressure.
Bitcoin (BTC) is trading this Saturday, June 13, 2026 at the time of this publication around $64,000, its highest level in a week. The price of the digital currency is driven by signs that the United States and Iran are close to signing an agreement that would put an end to the war they have had since February 28.
As can be seen in the following graph, bitcoin comes from an erratic path, although Since Wednesday, June 10, there have been several days of moderate but sustained recovery.
Reuters report that a high-ranking US official said United States and Iran They have already agreed on a text and that Washington hopes to sign an initial agreement in the coming days.
Iranian Foreign Minister Abbas Araqchi confirmed that changes are still possible, but maintained that the draft shows that his country emerged stronger from the conflict. “Iran is the winner of the war with the United States,” he said on state television on Friday.
Hours after those statements, US forces shot down several Iranian drones heading towards the Strait of Hormuz. The US Central Command confirmed the action and assured that the sea passage remains open.
What the draft agreement includes
The memorandum, according to information from Reuters, would contemplate the reopening of the Strait of Hormuz and the lifting of the US naval blockade on Iranian ports.
Negotiations on Iran’s nuclear program — Trump’s original justification for starting the war — would be left to a later stage, with a deadline of 60 days.
A U.S. official said the deal seeks to end the dismantlement of Iran’s nuclear program, including the destruction of its stock of enriched uranium. Araqchi, however, indicated that Iran did not agree to dismantle its program and that it intends to keep the uranium in diluted form.
An unidentified source said, according to Reuters, that The signing could take place this Sunday, possibly in Geneva.
Israel, for its part, has already warned that it will not be part of the memorandum: its prime minister, Benjamin Netanyahu, clashed with Trump over Washington’s demands for Israel to stop its offensive in Lebanon.
The traditional market has already reacted and Brent oil fell more than 3% in 24 hours, to its lowest level since March.
Bitcoin, caught between two stories
The bitcoin rally comes a day after CriptoNoticias reported that the asset exceeded USD 63,000 following Trump’s first announcement about canceling military attacks against Iran.
In that note it was noted that bitcoin was caught between two forces: on the one hand, the de-escalation in the Middle East; on the other, the stock market debut of SpaceX on Nasdaqwhich could drain liquidity from the cryptocurrency market towards the technology mega-IPO segment.
That drain, according to spot bitcoin ETFs, has been recording net outflows since mid-May. But the rally in the last 24 hours suggests that, For now, the geopolitical factor is outweighing SpaceX’s competition for capital.
It is worth remembering that Trump has been announcing imminent agreements with Iran for months that then do not come to fruition, and that this week both countries exchanged attacks. The Iranian foreign minister himself acknowledged that “changes are still possible” before signing.
This is what analysts think about the bitcoin market
For Darkfost, CryptoQuant analyst, The bitcoin bear market could still have several months ahead. According to your readingthe realized price of long-term holders (LTH) is close to $49,500, while that of short-term holders (STH) is close to $72,500. In every previous bear market, the cost of STH ended up falling below that of LTH, something that has not yet happened in this cycle.
A more optimistic view is put forward by trader Michaël van de Poppe, who consider that This is an ideal area to accumulate a position in bitcoin. Their expectation is that the confirmation of a deal between the US and Iran will push the price back above $65,000, which could also revive the altcoin market and the decentralized finance (DeFi) segment.
With the signing of the agreement still pending and a history of unfulfilled promises, the market seems to be anticipating a scenario that would only be confirmed (or not) in the next few hours.
If the pact is signed this weekend as Western sources anticipate, bitcoin could test the $65,000 zone that van de Poppe mentions. If it is postponed again, the asset could retreat towards the range of $61,000-62,000 where it spent much of the week.