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Bitcoin and ethereum prices today, Friday, June 12, 2026: Prices rebound this morning after Trump claims war has ended

Bitcoin and Ethereum rebounded on Friday morning after President Trump said the war in Iran had ended, lifting risk assets broadly. Bitcoin opened at $63,553.08, up 3.4% from Thursday’s open, and rose to about $63,718 by 7:44 a.m. ET. Ethereum opened at $1,671.71, up 3.2%, and was holding near $1,671.54. The article notes the move was partly driven by hopes that geopolitical tensions could ease further if a deal is reached, though it cautions that previous peace claims have repeatedly failed to materialize. Despite the bounce, both cryptocurrencies remain well below recent reference points, with Bitcoin down 22.2% over the past month and Ethereum down 28.5%. The piece also highlights a potentially supportive policy shift: FHFA head William J. Pulte ordered Fannie Mae and Freddie Mac to prepare to count cryptocurrency as an asset for mortgages, which could broaden crypto’s utility and support long-term adoption.

Category

Bitcoin

Sentiment

Mixed

Event

Price movement

Reading time

1 min