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The Economic Times
The Economic Times
Piyush Shukla

Bitcoin Price Today: BTC fights for $63K as Iran ceasefire hopes, CPI data, and Fed decision loom—will Ethereum, XRP, and Solana surge after critical inflation data?

Bitcoin CPI Inflation Iran XRP Ethereum the Federal Reserve United States Crypto Donald Trump

BTC Price Today 08 June 2026: Bitcoin price today is trading near $63,000, caught between a geopolitical relief rally and deep structural headwinds that refuse to disappear. On Sunday, June 8, 2026, a single headline from Washington moved the BTC/USD rate by 5% in under an hour.

President Trump stated that Israeli Prime Minister Netanyahu would have "no choice" but to accept a US-brokered ceasefire deal with Iran, calling the agreement "almost complete." Bitcoin jumped from near $60,900 to $64,000 on that news alone — the sharpest single-session recovery in weeks. Yet by Sunday evening, BTC had retreated to $63,000, and there it sits today, consolidating on a knife's edge. That whiplash tells you everything about where Bitcoin price stands right now.

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