Bitcoin Hits $64,000 on SpaceX IPO and US-Iran Peace Optimism

Bitcoin punched above $64,000 on June 13, driven by SpaceX’s IPO filing and renewed optimism around a US-Iran peace agreement. The milestone extends a rally that began June 9 when BTC first broke $62,000 after consolidating near $58,000. It then reclaimed $63,000 on June 11 following the peace-deal headlines before pushing through $64,000 the next day. Total crypto market cap reached $2.19 trillion, though on-chain metrics such as Short-Term Holder MVRV near 0.75-0.80 and adjusted SOPR below 1.0 continue to signal ongoing capitulation rather than a confirmed bottom.