Bitcoin, Ethereum Drop After Fed Holds Rates Steady

Crypto assets decline despite U.S.-Iran peace deal as investors shift focus to equities and Fed policy outlook. Bitcoin (BTC) opened at $64,450.44 on June 18, 2026, down 1.8% from the prior session, slipping to $63,980.59 by 7:33 a.m. ET. Ethereum (ETH) fell 2.3% to $1,744

Crypto assets decline despite U.S.-Iran peace deal as investors shift focus to equities and Fed policy outlook.

Bitcoin (BTC) opened at $64,450.44 on June 18, 2026, down 1.8% from the prior session, slipping to $63,980.59 by 7:33 a.m. ET. Ethereum (ETH) fell 2.3% to $1,744.25 after opening at $1,748.91. The declines follow the Federal Reserve’s decision to maintain current borrowing costs, overshadowing a U.S.-Iran peace agreement.

Bitcoin remains 4.9% higher than a week ago but is down 16.8% over the past month and 38.4% year-over-year. Its all-time high stands at $126,198.07, reached in October 2025. Ethereum’s weekly gain is similarly offset by broader market weakness, with investors prioritizing equities amid easing geopolitical tensions.

The Fed’s hawkish stance continues to weigh on risk assets, though the Strait of Hormuz deal may reduce energy market volatility. Crypto markets show limited reaction to geopolitical developments, focusing instead on monetary policy expectations.

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