Bitcoin (BTC) remained strong in the ~105–107k$ range, after falling to ~103k$ mid-week due to escalating geopolitical tensions between Israel and Iran. However, it later recovered to over 106k$ amid stabilizing conditions and increasing institutional inflows.
Ethereum (ETH) has seen stable levels near 2.5–2.6k$, supported by inflows towards ETF funds, especially after the recent technical upgrade (like Pectra), with positive expectations towards 3k$.
🎯 Key points for this week
1. Geopolitical impact
Tensions in the Middle East negatively affected the digital currency as a safe haven during conflict, unlike gold.
2. Institutional adoption
Increase in companies adopting Bitcoin within their treasury strategies—such as MicroStrategy, SoftBank–Tether joint venture, and others.
Interest from the U.S. federal government, through an order to implement the 'Strategic Bitcoin Reserve' as a federal reserve asset.
3. Political and regulatory forces
Strong legislative support (projects CLARITY and GENIUS) emerging in Congress, indicating a clearer framework for digital currencies.
Trump administration's shift towards a favorable environment for digital currencies, with SEC case resignations and signals for lighter regulatory policy.
🔭 Expectations for the upcoming period
Continued institutional cash flows driven by storage rights and reserve assets, enhancing upward pressure.
Increased likelihood of stabilizing and implementing regulatory initiatives (CLARITY, GENIUS), providing the market with a clearer framework.
Geopolitical risks continue to cast a shadow over market movements, warranting caution during times of escalation.
Monitoring U.S. economic policy decisions (FOMC, unemployment data, and sales) and their potential impact on the general market mood.