
Bitcoin Rebounds to $106K Amid Middle East Ceasefire and Rate‑Cut Bets
Published on June 24, 2025
Bitcoin surged back to USD 106,000 after dipping below USD 98,500, buoyed by two key developments: renewed optimism over a possible Israel–Iran ceasefire and rising expectations of an upcoming Federal Reserve rate cutcryptonews.net+12cointelegraph.com+12coindesk.com+12.
📈 Market Moves
Bitcoin quickly reclaimed the USD 106K level, signalling strong institutional demand despite global uncertaintiesfastbull.com+3cointelegraph.com+3coinstats.app+3.
A sharp 8% drop in hashrate sparked concerns about mining stability amid geopolitical tensionsbusinessinsider.com+15cointelegraph.com+15coinstats.app+15.
The price drop triggered around USD 193 million in liquidations of long futures positions—about 0.3% of open interest cointelegraph.com+1fastbull.com+1.
⚙️ Macro & Geopolitical Drivers
The ceasefire buzz eased risk sentiment across markets, with equities rising and oil prices falling—raising hopes for looser monetary policy ca.advfn.com+10businessinsider.com+10economictimes.indiatimes.com+10.
Traders now assign a higher probability to Fed rate cuts later this year, which helped fuel fresh demand for cryptomoneytransmitterlaw.com+6cointelegraph.com+6coinstats.app+6.
⚠️ Outlook & Risks
The ceasefire remains unconfirmed and fragile—any escalation could reverse market gains .
Bitcoin’s swift rebound shows strong momentum, but further gains may depend on confirmed geopolitical calm and dovish signals from the Fed m.economictimes.com.