Bitcoin Reclaims $63K as Israel-Hezbollah Ceasefire Revives Iran Deal Hopes

Bitcoin stabilized near $63,000 on June 19 after an Israel-Hezbollah ceasefire revived hopes for renewed U.S.-Iran talks. The move follows a sharp relief rally that lifted BTC from $62,000 levels to a two-week high near $67,000 after the June 14-15 U.S.-Iran memorandum reopened the Strait of Hormuz and sent oil prices more than 4% lower. Nearly $250 million in shorts were liquidated during the risk-on surge, but the Federal Reserve’s June 16-17 decision to drop its easing bias capped further gains and triggered a pullback to the $65,600 area. Markets now await formal signing on June 19 amid ongoing volatility.