Bitcoin $BTC Falls Below 106,000 USDT with 2.58% Decline in | Ahelia Waqar on Binance Square

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Bitcoin $BTC Falls Below 106,000 USDT with 2.58% Decline in 24 HoursAs of June 12, 2025, 20:48 PM (UTC), Bitcoin has slipped below the 106,000 USDT threshold, trading at 105,984.36 USDT, according to Binance market data. The cryptocurrency has recorded a 2.58% drop over the past 24 hours, though the decline appears to be narrowing.

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#IsraelIranConflict Tensions Escalate as Iran and Israel Exchange Strikes; U.S. Offers Support to Israel A dramatic escalation unfolded in the Middle East as Iran launched hundreds of ballistic missiles toward Israel, according to Iranian state media, in retaliation for Israel’s earlier, unprecedented strikes. The conflict intensified further as Iran activated its air defenses to intercept a second wave of Israeli attacks early Saturday. Israel’s initial offensive reportedly targeted Iran’s nuclear facilities and top military officials, resulting in the deaths of several high-ranking figures, including the commander-in-chief of the Revolutionary Guard and key nuclear scientists. Israeli Prime Minister Benjamin Netanyahu declared that “more is on the way,” hinting at a prolonged military campaign. Meanwhile, the U.S. military is actively assisting in intercepting Iranian missiles and drones aimed at Israel. Former President Donald Trump confirmed the U.S. stands behind Israel’s actions, warning Iran to agree to a nuclear deal before, in his words, “there is nothing left.” The situation marks one of the most significant military escalations between the two countries in recent years, raising concerns of a broader regional conflict.

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Bitcoin $BTC Falls Below 105,000 USDT, Down 3.24% Over 24 Hours As of June 13, 2025, 17:48 PM (UTC), Bitcoin has dipped below the 105,000 USDT mark, trading at 104,908.46 USDT, according to Binance market data. The cryptocurrency has recorded a 3.24% decline over the past 24 hours, though the pace of the drop appears to be easing. This movement continues a broader trend of volatility in the digital asset market, as investors monitor macroeconomic conditions and market sentiment closely.

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#TrumpTariffs Trump Urges Federal Reserve to Cut Interest Rates, Rules Out Firing Powell According to a report by Odaily, former U.S. President Donald Trump has publicly called on the Federal Reserve to lower interest rates, emphasizing his economic stance ahead of the upcoming election season. Trump made it clear that he does not plan to remove Federal Reserve Chairman Jerome Powell from his position, despite previous tensions between the two during his presidency. Instead, Trump advocated for a more accommodative monetary policy, arguing that a 1% reduction in interest rates would significantly reduce the government's debt payments. He also pointed to the high levels of short-term debt currently held, stressing that lower interest rates would provide financial relief and long-term economic benefits. His remarks reflect a broader push for looser fiscal conditions amid ongoing concerns about borrowing costs and economic stability.

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Ethereum $ETH Falls Below 2,700 USDT with 4.02% 24-Hour Decline As of June 12, 2025, 19:52 PM (UTC), Ethereum has dipped below the 2,700 USDT level, trading at 2,695.42 USDT, according to Binance market data. The price reflects a 4.02% decrease over the past 24 hours, with signs of the decline beginning to narrow.

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