As of June 17, 2025, Bitcoin (BTC) is trading at approximately $105,741, reflecting a slight decline of 0.96% from the previous close.
Geopolitical tensions, particularly the Israel-Iran conflict, have contributed to some downward pressure on prices. Analysts expect Bitcoin to remain stable until there is more clarity about the U.S. response to Middle East tensions.
Despite short-term volatility, the long-term outlook for Bitcoin remains positive. Analysts project that Bitcoin could reach $200,000 by the end of 2025, driven by increasing demand from institutional players and the impact of the recent halving event, which has reduced the supply of new Bitcoin.
In the United States, President Donald Trump signed an executive order in March 2025 to establish a Strategic Bitcoin Reserve, aiming to make the U.S. a leader in digital assets. The reserve is funded by the Treasury's forfeited Bitcoin and is intended to maintain government-owned Bitcoin as a national reserve asset.
In the Czech Republic, a Bitcoin-related scandal has led to a no-confidence vote against the coalition government. The controversy began after the Ministry of Justice accepted a Bitcoin donation from a convicted drug dealer and later sold the cryptocurrency for nearly $47 million. The Justice Minister resigned following accusations of potential money laundering, and the opposition has called for further investigations.
Overall, while Bitcoin faces short-term volatility due to geopolitical factors, the long-term outlook remains positive, supported by institutional interest and strategic initiatives.