Bitcoin briefly touched $64,200 after Trump's peace comments, then eased to $62,990

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.