On June 24, bitcoin fell 5% in 24 hours to a new year-to-date low of $59,018. The move extends a nearly 10% weekly decline and a drop of more than 30% since the start of the year. Bitcoin also slipped below $60,000 amid a broader marketwide sell-off.

Bitcoin opened the final week of June by rebounding from a Sunday low of $63,197 and climbing to an intraday high of $65,555. After regaining $64,000 by midnight, it extended gains in the morning before slipping back below $65,000 following a brief sell-off. The move came as markets weighed the latest developments in U.S.-Iran peace negotiations.

On June 19, bitcoin traded in a volatile “zigzag” range between $62,300 and $63,300 before ending up 1% and hovering just above $63,000. The move came as the U.S.–Iran peace memorandum faced its first stern test. Intraday trading remained choppy within the same band for most of the session.

Bitcoin slid 5% to $62,000, after touching an intraday low of $62,236. The move left the token down 7.5% from its June 15 peak above $67,300. The decline erased gains that had followed early rumors of peace between Iran and the U.S., and later the formal announcement of an accord.

Inveniam Capital Partners said it has reached an agreement to acquire MANTRA and related entities, with closing expected by June 30, 2026. The move follows Inveniam's $20 million investment in August 2025 and the pair's May 13 launch of the NVNM Chain, a Layer 2 built on MANTRA Chain for institutional RWA data and AI use cases.

Zimbabwe's central bank Financial Intelligence Unit (FIU) has told all virtual asset service providers to register, following regulations gazetted on June 10, 2026 and a public directive dated June 16. The framework covers crypto-to-fiat exchange services, custody, and other crypto-related financial services, while stressing that FIU registration is for AML/CFT monitoring and is not a business license. The FIU also cautioned the public about risks such as volatility, cyberattacks, scams, and limited recourse compared with traditional banking.

Uniswap’s UNI rose more than 23% in 24 hours to move above $3.60 on Wednesday, extending seven-day gains to nearly 50% and lifting market cap to $2.2 billion. The move followed Standard Chartered’s projection that UNI could reach $100 by end-2030, though critics argue the bank’s valuation assumptions improperly count liquidity provider fees.

Bitcoin swung sharply after a newly announced U.S.-Iran memorandum of understanding buoyed broader markets, but the token still fell 1.4%. It slid to an intraday low of $65,301 before stabilizing near $65,919. The diverging reaction came as traditional assets held firm while crypto remained volatile.

Global oil prices slid to a two-month low on June 16, with Brent crude briefly dipping below $80 a barrel. WTI crude fell 4% to $77.43. The moves were driven by optimism around a U.S.-Iran memorandum of understanding (MoU) that would reopen the Strait of Hormuz.