Following Trump's announcement of canceling the strike on Iran tonight, the three major US stock indexes collectively surged, with Bitcoin experiencing a brief spike of over 1%.

2026.06.12 01:38:12

June 12 — According to Bitget’s data, all three major U.S. stock indexes rallied over 1% following news that President Trump announced he was calling off his planned strike on Iran for tonight. Bitcoin surged more than 1% in a short period, now trading at $63,167. Spot gold climbed $30 in a quick move, breaking above $1,830 per ounce for a 1.4% daily gain. WTI crude oil fell $1 in the short term, while Brent crude’s intraday drop expanded to $4, last changing hands at $89.74 per barrel, down 4.27%. Earlier reports cited President Trump’s statement: “I have called off the planned strike on Iran for tonight. The full sea blockade will stay in place until an agreement is finalized. The time and location of the signing will be announced soon.”

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