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.