$BTC

Bitcoin is trading around $107,260, after reaching an intraday high of ~$108,800 and a low of ~$106,366 .

Performance: It's up approximately 2–3% over the past day, testing previous all-time highs near $111,900 (peaked May 22, 2025) .

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📰 What’s Driving the Price?

1. Geopolitical Tensions

Bitcoin recently dropped into the low $104K range amid heightened conflict in the Middle East between Israel and Iran .

However, it rebounded (~1–3%), showing resilience as markets adjusted .

Analysts warn a deeper escalation could push it below $100K .

2. Institutional & ETF Activity

Spot Bitcoin ETF inflows remain strong, with ~ $132 billion in assets under management, and ~$1.9 billion of inflows last week .

Major financial players like JPMorgan filed for new crypto initiatives recently, fueling optimism .

Public companies—such as MicroStrategy (Strategy) and Trump Media—are increasing BTC holdings. MicroStrategy added $1 billion purchase), raising its total to ~592,100 BTC .