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Bitcoin Surges After Trump-Brokered Ceasefire 🕊️💥
After briefly plunging below $98.5K and sparking panic among high-leverage traders, Bitcoin roared back to life, hitting $106K within hours — thanks to an unexpected twist on the geopolitical front.
🔹 Trump negotiates a total ceasefire between Israel and Iran, calming global tensions and fueling renewed crypto optimism.
🔹 Bitcoin’s hashrate dipped 8%, but analysts say it’s just a short-term network adjustment — not a red flag.
🔹 Around $193M in liquidations wiped out reckless longs and shorts, resetting the board with $68B+ still in open interest.
🔹 On the macro side, rate cut speculation returns, breathing new life into risk-on assets like BTC.
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🧠 Market Perspective:
What looked like chaos is now being seen as strength.
Smart money isn’t flinching — it’s rotating back in.