On June 8, Bitcoin rose about 5% to $64,000 after Donald Trump said a U.S.-brokered Iran agreement was "almost complete" and suggested an announcement could come at the start of the new business week. BTC later slipped back toward $63,000 after touching resistance near $64,000, while traders continued to watch support at the June 5 low of $59,100 and nearby pivot levels around $62,500–$63,000.

Bitcoin rebounded toward $64,000, setting off roughly $320 million in short liquidations across the crypto market within a 15-minute burst. The move followed a 2026 low near $59,100 on June 5 and came after the prior week’s $1.57 billion liquidation wave tied to BTC slipping below $60,000.

Bitcoin rebounded about 3.7% from the $60K area after dipping to roughly $60.5K on June 5 and recovering to around $62.7K by June 8. Over the same stretch, futures open interest declined 6% from $1.65B to $1.55B while funding stayed positive, pointing to a move fueled more by short covering than by new leveraged longs. Key confirmation to watch is whether open interest begins rising alongside price while buy-side taker flow remains positive.

Bitcoin rebounded from a $59,000 drop to as high as $64,200 before easing to around $63,000, after heightened geopolitical headlines and comments about a potential peace deal. Futures liquidations climbed to well past $600 million in a day, with $467 million coming from shorts. Analyst Merlijn The Trader said the bounce may not mark the bottom, projecting a possible move toward $65,000–$70,000 before a deeper decline into a $48,000–$59,000 DCA range.

On 8 June 2026, Bitcoin jumped to an intraday high of $64,200 after Donald Trump urged Israel's Benjamin Netanyahu to hold back and said "I call the shots," before retreating to $62,990 once Israel struck Iranian territory anyway. The move coincided with liquidations skewed toward shorts, with $467.14M in short positions closed over 24 hours and a largest single liquidation of $12.10M BTC-USDT on Binance.

Bitcoin rose about 5% to roughly $64,000 on Sunday before easing back toward $62,500, after U.S. President Donald Trump said Israeli Prime Minister Benjamin Netanyahu would have "no choice" but to accept a U.S.-brokered Iran deal. The move followed a June 5 intraday low near $59,100, and analysts said the rally was vulnerable to reversal unless an agreement is confirmed.

Bitcoin weakened as a broader risk-off tone took hold, with the U.S. 2-year Treasury yield rising to 4.19% and oil gaining more than 3%. The token fell about 14% last week, briefly traded below $60,000, and was around $62,600 after peaking above $63,600 late Sunday. Renewed Iran-Israel tensions, ETF outflows and upcoming U.S. inflation data were cited as factors keeping volatility elevated.

Amid a sprawling global multi-asset liquidation that has swept through Asian equity indexes and hammered traditional growth sectors, Bitcoin (BTC) has pulled off a stark decoupling performance. Following a brutal multi-week slide that saw the world's premier digital asset drop over 17% to 20% to touch a macro bottom of $59,108.92 on June 7, the digital currency has staged an aggressive intraday recovery.