bullish

Bitcoin

Crypto Rallies on Peace Not Yet Inked

133 Views17 Jun 2026 08:12
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SUMMARY
  • Bitcoin closed the week at $64,385, up 4.0%, snapping a four-week losing streak after Trump declared the US-Iran war ended and the BTC ETF outflow streak broke.

  • May headline CPI hit 4.2%, the highest reading since April 2023, and PPI surged to 6.5%, but markets shrugged off the in-line CPI print.

  • US spot Bitcoin ETFs absorbed $85.85 million on June 12, ending a 5-day outflow streak with BlackRock’s IBIT leading inflows.

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  • Crypto Rallies on Peace Not Yet Inked
    17 Jun 2026
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