Positive indicators supported by the recent end of the Iranian-Israeli conflict and increasing institutional interest #bitcoin
Sanaa Hamid - from #مجموعة_تداول
A few days after dropping to a five-digit level and losing momentum due to the war and other geopolitical conditions, the price of Bitcoin began to rise again. Positive indicators emerged, supported by the recent end of the Iranian-Israeli conflict and increasing institutional interest, driving the price of Bitcoin upward once more, giving hope to the community that the upward wave may not end.
Recent geopolitical tensions had pushed the cryptocurrency down by 4.4% over the past week, but hopes for peace and a return to institutional buying restored upward momentum to the market.
The cryptocurrency markets witnessed a sharp recovery in Ethereum prices on Tuesday morning, June 24, 2025, following the U.S. president's announcement of a ceasefire agreement between Iran and Israel, igniting a wave of optimism among investors.
The largest cryptocurrency in the world rose by more than 4% to temporarily surpass the $106,000 barrier, before stabilizing around $103,127.30 across most major platforms.
According to data from 'CoinMarketCap', the price of Bitcoin recorded $103,889.77 with a daily trading volume of $60.43 billion, while 'CryptoCompare' showed a price peak of $105,209.86. 'CoinDesk' also noted that Bitcoin briefly dropped below $103,400 before recovering, reflecting the disparity in liquidity and pricing across different platforms, according to 'timesnownews'.
Resorting to safe-haven assets
The currency experienced a sharp decline last week from a level of $111,953.60 to a low of $98,249.20, affected by U.S. airstrikes on Iranian nuclear facilities, prompting investors to resort to safe-haven assets like the U.S. dollar and Treasury bonds.
However, the general mood sharply reversed after U.S. President Donald Trump announced that he mediated a ceasefire agreement between Iran and Israel. Trump wrote: 'Israel and Iran came to me, and I said: peace now!', adding that he guaranteed 'peace and prosperity in the future'.
This political intervention contributed to the restoration of upward momentum, as most cryptocurrencies saw a sharp rise. According to researchers at 'CoinDCX', Bitcoin experienced strong upward momentum following Trump's statements, temporarily surpassing $106,000.
Small currencies
Smaller currencies also performed strongly, with the 'SEI' currency jumping about 35%, and meme coins like 'WIF' and 'SPX' rising over 20%. The broader market stabilized, with most altcoins recording moderate gains.
In parallel with geopolitical developments, regulatory updates in the United States have provided an additional boost to the market. Reports indicated that the U.S. Federal Reserve dropped the 'reputational risk' requirement that had prevented banks from engaging in digital assets, in a move considered a green light for major financial institutions.
This increasing confidence from institutions reflects the announcement by MicroStrategy's CEO, Michael Saylor, regarding the purchase of an additional $26 million in Bitcoin at a price of $105.8 thousand, bringing the company's holdings to 592,345 Bitcoin, with a total value exceeding $41.87 billion. The European Blockchain Group also announced the addition of 75 Bitcoin to its institutional treasury.
Bitcoin and Ethereum Funds
Bitcoin spot ETFs in the United States recorded positive net flows of $350 million, while Ethereum ETFs added about $101 million without any withdrawals, indicating growing investment conviction in digital currencies as a long-term asset class.
Despite ongoing concerns about short-term volatility, analysts are awaiting developments in the Middle East, along with central bank policies, to determine the market's next direction. Experts emphasize that sustained upward momentum requires a ceasefire and greater regulatory clarity.
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