Bitcoin prices rose to $66,000 as markets react to a potential U.S.-Iran peace deal, while investors prepare for Kevin Warsh’s first Federal Reserve interest-rate decision this Wednesday.
Key Points
- Bitcoin climbed nearly 3.5% on Monday, bolstered by an interim peace deal between the U.S. and Iran and gains in crypto-linked equities like MSTR and GLXY.
- Federal Reserve Chair Kevin Warsh is expected to maintain current interest rates at 3.50%–3.75% during the FOMC meeting on June 17.
- The CFTC opened a 45-day public comment window on June 15 regarding proposed rules for prediction markets.
- Arbitrum (ARB) and Kaito (KAITO) are scheduled to unlock portions of their circulating supply on June 16 and June 20, respectively.
- U.S. equity markets will close on June 19 in observance of the Juneteenth federal holiday, which is expected to reduce overall market liquidity.