#BTC Bitcoin has indeed surged past $105,000, with its current price at $105,714.29, representing a 5.03% increase. This surge is attributed to eased geopolitical tensions following a ceasefire agreement between Iran and Israel, announced by US President Donald Trump, which has boosted investor confidence.

Key Market Movements:

Bitcoin (BTC): Up 5.03% to $105,714.29

Ethereum (ETH): Up 8% to $2,430, with some sources reporting it at $2,410.64, representing a 6.5% increase

Altcoins:

Solana (SOL): Jumped 7.9% to 9%

Sui (SUI): Rose by 12.63% to 15%

XRP: Gained 6.85% to 8.4%

Cardano (ADA): Increased 5.2% to 6.78%

Chainlink: Added 12%

Dogecoin: Up 8%

Avalanche: Up 8%

Shiba Inu: Up 10%

Traders are now eyeing Federal Reserve Chair Jerome Powell's speech for further cues on interest rate policy, which could potentially impact the crypto market. A dovish tone, particularly hints of possible rate cuts, could push Bitcoin beyond its current resistance level of $107,700. The Crypto Fear and Greed Index has risen to 65, re-entering the 'Greed' zone and reflecting increased investor confidence ¹ ².