Bitcoin Rises But Recovery Remains Limited -- Market Talk

Dow Jones19:06

1106 GMT - Bitcoin rises slightly as risk sentiment improves on hopes of a deal in U.S.-Iran peace talks. The cryptocurrency's gains remain limited following a modest recovery from Friday's 20-month low. It continues to trade within this week's narrow range. "The broader picture remains constructive: easing geopolitical tensions have improved sentiment across risk assets, although investors continue to watch [crypto] exchange traded fund flows and next week's Federal Reserve decision for confirmation that the recent recovery can extend further," Saxo Bank analysts say in a note. Bitcoin rises 0.5% to $63,657, having fallen to as low as $59,125 Friday, according to LSEG. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

June 12, 2026 07:06 ET (11:06 GMT)

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It continues to trade within this week's narrow range. \"The broader picture remains constructive: easing geopolitical tensions have improved sentiment across risk assets, although investors continue to watch [crypto] exchange traded fund flows and next week's Federal Reserve decision for confirmation that the recent recovery can extend further,\" Saxo Bank analysts say in a note. Bitcoin rises 0.5% to $63,657, having fallen to as low as $59,125 Friday, according to LSEG. 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The cryptocurrency's gains remain limited following a modest recovery from Friday's 20-month low. It continues to trade within this week's narrow range. \"The broader picture remains constructive: easing geopolitical tensions have improved sentiment across risk assets, although investors continue to watch [crypto] exchange traded fund flows and next week's Federal Reserve decision for confirmation that the recent recovery can extend further,\" Saxo Bank analysts say in a note. Bitcoin rises 0.5% to $63,657, having fallen to as low as $59,125 Friday, according to LSEG. 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