Bitcoin (BTC) has reclaimed the $108,000 price level, marking a significant recovery after recent volatility linked to geopolitical tensions and market uncertainty. On June 25, 2025, Bitcoin surged to approximately $108,182, gaining nearly 2% in a single day and extending a rebound that began with easing tensions in the Middle East and a ceasefire relief rally.
This price resurgence followed a period where Bitcoin had retested support levels near $104,000 and briefly dipped below $108,000 amid concerns over escalating conflicts involving Iran and Israel. However, reports that Iran showed openness to negotiations with the US and Israel helped calm markets, allowing Bitcoin to consolidate its upward momentum.
Market analysts note that this move above $108,000 was an anticipated liquidity grab that effectively punished short sellers, reinforcing the bullish control over Bitcoin’s price action. Traders are now eyeing a potential push towards the all-time highs near $109,590, with key support levels holding strong between $102,000 and $108,000.
The recovery is also supported by robust inflows into US-listed spot Bitcoin ETFs, which saw over $1.35 billion in net purchases recently, alleviating fears of economic recession and mitigating the impact of geopolitical risks on investor sentiment. Despite the broader macroeconomic challenges, Bitcoin’s derivatives market shows a neutral to stable sentiment, indicating resilience and confidence among traders.
Overall, Bitcoin’s return above $108,000 reflects a combination of easing geopolitical tensions, strategic investor positioning, and technical consolidation, setting the stage for potential further gains in the near term.
