Market
Bitcoin and Ethereum slide despite the Iran peace deal
Summary from Yahoo Finance·June 18, 2026
Even with a U.S.–Iran peace deal easing geopolitical risk, crypto prices fell on June 18 as monetary-policy worries took over from the war narrative.
Bitcoin and Ethereum slipped on Thursday, June 18, even as a U.S.–Iran peace deal removed one of the biggest sources of geopolitical risk that had rattled markets earlier in the month.
The disconnect highlighted a shift in what was moving crypto. With the ceasefire holding, attention turned squarely to the Federal Reserve and the prospect of higher-for-longer interest rates — a far less friendly backdrop for risk assets.
The drop showed how quickly the market's focus can rotate: the same headlines that lifted prices days earlier were no longer enough to outweigh the rates picture.