US EditionBitcoin Price (BTC) News: Retakes $106K on Middle East Agreement
MIDDLE EAST, JUN 24 – Bitcoin rallied over 7% after a surprise Israel-Iran ceasefire eased geopolitical risks, prompting renewed institutional inflows and a 4.4% rise in the global cryptocurrency market cap.
- On June 24, 2025, President Donald Trump announced a ceasefire between Israel and Iran, and Bitcoin climbed above $106,000 after dipping below $99,705 the day prior.
- Amid rising and then quickly cooling Middle East tensions, reports of U.S. airstrikes on Iranian nuclear sites surfaced over the weekend, sending Bitcoin on a volatile roller coaster.
- On June 24, U.S. spot Bitcoin ETFs recorded a $588 million net inflow, led by BlackRock’s IBIT with $436.3 million and Fidelity’s FBTC adding $217.6 million.
- The broader crypto market cap jumped 2.1% to $3.36 trillion, according to crypto.news, and altcoins XRP and Solana also posted strong gains.
- Resistance at $109,300 remains in place, and while crash fears have eased, Bitcoin must break decisively higher before bulls can claim victory.
33 Articles
33 Articles
Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall - Overpasses For America
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Leading crypto exchange Binance witnessed a signific…
Crypto Markets Rebound After Iran-Israel Ceasefire Deal
Bitcoin and ether surged after U.S. President Donald Trump declared a ceasefire agreement between Iran and Israel, easing geopolitical tensions that have rattled markets over the past two weeks. Bitcoin climbed above $106,000, recovering from a dip below $99,705 the day prior, while ether jumped nearly 9% to around $2,420. Altcoins XRP and Solana also posted strong gains, with the broader crypto market rebounding sharply as investors returned t…
Bitcoin Holds Strong—Could Fed and Middle East News Trigger a New All-Time High?
Bitcoin is holding above $106,000 after the announcement of a truce in the Middle East, while fresh hopes of an earlier Fed interest rate cut add to investor optimism. A new level for buying on dips A temporary ceasefire in the Middle East triggered a rally in risk assets and cryptocurrencies, while oil prices continued to decline. For Bitcoin traders, signs of a bull market recovery were evident. "Strong rally from the range lows after a big li…
The cryptographic market quote has also been backed by the sentiment among the investor after checking that the ceasefire between Israel and Iran remains in place. "The cryptocurrency markets were relatively quiet, but managed to maintain the profits after Tuesday's rebound. The bitcoin returned to its consolidation range at the beginning of Wednesday's day and remained above 105,000. Ether managed to climb above 2,400, a level that had been mai…
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