Bitcoin and Ethereum Prices Decline Despite Iran Peace Agreement
Cryptocurrency markets are experiencing a decline in Bitcoin and Ethereum prices today (Thursday, June 18, 2026). Despite the signing of a peace agreement with Iran, reduced investor risk appetite and macroeconomic uncertainties are dragging prices lower. Bitcoin has lost 2.5% in the last 24 hours, falling to $68,200, while Ethereum is trading at $3,450, down 3.1%.
Analysts note that although the peace agreement is positive news in the short term, markets are more focused on the U.S. Federal Reserve's interest rate policies. Additionally, uncertainties regarding cryptocurrency regulations and profit-taking by large investors have contributed to the decline. Bitcoin's failure to hold above the $70,000 resistance level is technically increasing selling pressure.
On the Ethereum front, rising network transaction fees and a slowdown in the DeFi sector are negatively impacting the price. Experts suggest that if Ethereum maintains the $3,400 level, it has recovery potential, but closes below this level could lead to a deeper correction.
Trading volumes remain low across the market, and investors maintain a cautious stance. Upcoming U.S. inflation data and speeches by Fed officials in the coming days could be decisive for the direction of cryptocurrency prices.
This is not investment advice.
Bitcoin is trading at $63,970, down 1.27% in the last 24 hours. The RSI at 37.4 is approaching oversold territory but has yet to signal a recovery. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, further darkening the technical outlook. Despite the Iran peace agreement, the market's continued decline suggests weak investor confidence.
ETH is trading at $1,743.99, down 1.17% in the last 24 hours. The RSI is at 43.8, indicating a weak zone, and the MACD is below the signal line, showing negative momentum. The price remains below both the 20-day and 50-day moving averages. Despite the Iran peace agreement, the decline in cryptocurrencies suggests the market is not pricing in this news positively. Given the weak short-term technical outlook, there is a risk of continued downward trend.
