Bitcoin climbed past $67,000, its highest level in roughly two weeks, after President Trump declared the US-Iran deal "complete" and authorized reopening the Strait of Hormuz. Oil fell about 4% and around $150 million in crypto short positions were liquidated.

Bitcoin climbed above $63,000 Thursday after President Trump announced via Truth Social that he was canceling scheduled U.S. military strikes against Iran and signaling that a multi-nation agreement was close, citing approvals from Israel, Saudi Arabia, the UAE, Qatar, Turkey, and other regional powers.

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall at $60,000.

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury to on-chain dollar instruments.

A Monday 8-K filing shows Strategy disposed of 32 BTC between May 26 and May 31 at an average $77,135 a coin, with proceeds earmarked for distributions on its STRC preferred stock — the first disclosed sale since the December 2022 tax-loss harvest.

Solana, Cardano and Hyperliquid led the day's losses as risk appetite cooled across digital assets.

Crypto investment products absorbed $858 million last week, ahead of the upcoming CLARITY Act markup and Fed chair transition.

Tron, Cardano and Solana led weekly gains among the Top 10, while Bitcoin and Ether lagged as US spot ETF demand cooled on Thursday.

Strategy's Q1 earnings call signaled a departure from Saylor's "never sell" mantra, with Bitcoin slipping below $81,000 in the aftermath.

BTC hit an intraday high of $82,800, even as Strategy's chairman opened the door to selling Bitcoin to fund preferred dividends.