On the morning of June 24, as Trump announced Iran's complete agreement to a comprehensive ceasefire, the cryptocurrency secondary market rebounded last night after fears of escalating war.

After briefly dropping below $100,000, BTC rebounded and broke through the $106,000 mark, with many altcoins also seeking to recover. Affected by the situation in the Middle East, BTC has been in a continuous pullback for nearly a week, with yesterday's low touching $98,200 and a rapid rise today to $106,075, a rise of over 8.02% during this period.

The Federal Reserve's dovish tone reappeared, with Fed Governor Bowman expressing support for a possible rate cut as early as July. Since Trump imposed tariffs on April 2, there has been a lack of significant inflationary pressure, which may allow the Fed to consider cutting rates again.

Affected by the positive news of the official ceasefire between Iran and Israel, the cryptocurrency market has welcomed a significant rebound, with market capitalization rising by 6% from its low point. The expectation of rate cuts by the Fed has also boosted market sentiment, with the liquidity from rate cuts expected to initiate a new round of market activity.