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Bitcoin Price Rises as Israel-Iran Ceasefire Begins, and Senate Unveils Major Crypto Bill

  • On Monday, President Trump declared a full ceasefire between Israel and Iran, bringing an end to the 12-day conflict that had disrupted financial markets.
  • The ceasefire followed symbolic Iran retaliation and dovish Fed comments, which together improved risk sentiment and triggered rapid crypto price surges.
  • Bitcoin surpassed $105,000, Ethereum rose above $2,400, and XRP climbed above $2.18 with nearly 8% gains, supported by strong technical signals and market volumes.
  • XRP's rally, driven by breaking the $2.15 resistance, could extend toward $2.33 or even $3.0064 if bullish momentum continues, while analysts remain cautiously optimistic.
  • Alongside the ceasefire, the Senate unveiled a major crypto bill limiting SEC oversight, prompting institutional investments and highlighting potential regulatory clarity for the industry.
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Coinjournal broke the news in on Tuesday, June 24, 2025.
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