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Bitcoin recovers to 106,000 USD after Israel-Iran conflict weakens sentiment



Author: Ambar Warrick

Published on 13:27 16/06/2025

Bitcoin recovers to 106,000 USD after Israel-Iran conflict weakens sentiment



BTC/USD

1.70%

XRP/USD

1.91%

ETH/USD

3.93%

DOGE/USD

1.22%

Cardano US Dollar

2.53%

Solana US Dollar

7.25%

TRUMPo/USD

0.96%

Investing.com - Bitcoin stabilized on Monday, recovering some of its recent losses after new conflicts between Israel and Iran reduced risk appetite and pushed the world's largest cryptocurrency to its lowest level in a week.

Cryptocurrency prices in general also followed Bitcoin's upward trend, recovering some of their recent losses. However, risk appetite remains under pressure from the Israel-Iran conflict, after both sides exchanged a series of devastating attacks over the past weekend.

Bitcoin rose 0.5% to 106,581.8 USD at 01:55 ET (05:55 GMT), after dropping to a low of 102,000 USD over the weekend.