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Bitcoin swung lower on Sunday evening after the peace talks in Switzerland ended without success. It then rebounded from $63,300 and met resistance near $64,800. The move came after a week of sharp shifts tied to geopolitics, Fed policy, and market reaction to Trump’s remarks on Iran. As of press time, BTC traded near $64,000 with a market cap of $1.285 trillion. Its dominance stood at 56.2% on CG.
A week earlier, US President Donald Trump said the US and Iran had reached a deal set for June 19. Bitcoin jumped on that news. It climbed from below $64,000 to above $67,000 in one day. The rally did not last. Bitcoin slipped back toward its starting point before the latest FOMC meeting. The price then moved to $66,400 before dropping by about $4,000.
The Fed kept rates unchanged, as expected. Still, the central bank’s new chairman sounded hawkish. That tone weighed on Bitcoin, even as bulls stepped in to support the price.
Bitcoin then recovered into the $63,000 to $64,000 range over the weekend. It mostly stayed there. Brief spikes took it to $63,200 and $64,800. That move followed new threats from Trump against Iran. It also came after the meeting between the two sides in Switzerland ended. The market then lost some momentum again.
By press time, Bitcoin had returned to about $64,000. The wider crypto market cap also stayed almost unchanged at $2.290 trillion.
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Most large-cap altcoins showed little volatility over the past 24 hours. Ethereum held near $1,750 and stayed slightly in the green. Binance Coin remained close to $600 after a small rise. XRP stayed below $1.15. Solana moved closer to $75 after a 1.2% gain. Elsewhere, HYPE fell 2% on the day, while ZEC and CC each lost about 3%.
Some tokens moved higher. WLD rose 6.5% and traded near $0.65. VVV gained 8%. ADI added 3.2%, while M climbed 3%.
DaanCrypto also drew attention to altcoin strength. The trader said 47% of the top 50 cryptocurrencies have outperformed Bitcoin over the past three months. DaanCrypto said the last major stretch of broad altcoin outperformance came in September 2025. The post drew 146 likes, 21 retweets, and 32 replies.
Bitcoin recovered after the failed Switzerland peace talks, but it remained trapped near $64,000 after a week of sharp moves tied to Trump’s Iran comments and the Fed’s hawkish tone. Altcoins stayed mostly stable, while a few tokens posted gains. Traders now watch whether Bitcoin can hold its current range.
