Overview
- President Trump’s announcement of an Iran‐Israel ceasefire propelled Bitcoin to $105,550, marking a 5% daily gain from its weekend lows.
- The cryptocurrency had plunged below $100,000 after U.S. and Israeli airstrikes on Iranian nuclear sites triggered more than $1 billion in liquidations.
- Iran’s retaliatory missile strikes on U.S. bases in Qatar, Kuwait, Bahrain and the UAE failed to derail a crypto rebound, with Bitcoin briefly trading above $102,000 before the ceasefire news.
- Institutional investors remained active buyers, with MicroStrategy, Metaplanet and BlackRock’s spot Bitcoin ETFs accumulating fresh positions despite high volatility.
- The U.S. Senate passed a bipartisan stablecoin regulatory framework that offers clearer oversight for digital currencies.