US-Iran deal near as Bitcoin tops $64,000

Pakistan Prime Minister Shehbaz Sharif wrote on June 13 that negotiators were “closer to a peace deal than ever before” and that Pakistan was preparing for an electronic signing once the agreement is finalised, with technical-level talks expected next week. The statement followed several days of regional tension and prompted market attention.

Cryptocurrency prices moved higher after the statement. Bitcoin traded around $64,100, up roughly 1.2%–1.4% over 24 hours according to major market trackers. The total cryptocurrency market rose about 1%, placing reported global market value near $2.2 trillion.

Market sentiment remained cautious. The Crypto Fear and Greed Index hovered near 20, a level that indicates fear among traders. Trading volumes were subdued.

Short-term technical indicators showed bitcoin climbing above its 20- and 50-period exponential moving averages and above the volume-weighted average price on the four-hour chart. The four-hour relative strength index sat near 59 and average true range readings pointed to falling volatility. Larger resistance levels remained above the current price, with the 100-period EMA near $66,100 and the 200-period EMA near $69,650.

Some market participants treated the peace-deal announcement as a short-term relief for risk assets. Analysts noted that a sustained break above about $66,000 would give the recovery clearer technical support, while delays to a signed agreement or fresh incidents could place renewed pressure on risk-sensitive markets.