Bitcoin has stabilized above the $106,000 mark after mid‑week uncertainty stemming from tensions in the Middle East theguardian.com+15m.economictimes.com+15binance.com+15binance.com+7barrons.com+7economictimes.indiatimes.com+7.
Solana and Hyperliquid saw upticks of up to 7–7.7%, while Ethereum rallied roughly 4%, reflecting renewed investor confidence barrons.com+1economictimes.indiatimes.com+1.
Market analysts suggest the recovery was driven by strong institutional inflows into spot BTC ETFs, even as long‑position liquidations exceeded $1 billion coinpedia.org+299bitcoins.com+2business-standard.com+2.
Bitcoin and crypto have surged this year as traders bet U.S. president Donald Trump’s administration will further boost the bitcoin price (helped by Treasury secretary Scott Bessent issuing a surprise crypto market prediction).
Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can "uncover blockchain blockbusters poised for 1,000% plus gains!"
The bitcoin price has traded above $100,000 per bitcoin since early May after rebounding from Trump’s tariff-induced slump as rumors swirl of a looming, “extraordinary” White House update.