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Bitcoin Holds Near $105K as Dollar Declines and Markets Await U.S. Iran-Israel Decision

Institutional inflows spur crypto growth against a weakening dollar.

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Overview

  • Bitcoin was trading around $104,894 on June 19, slipping 0.1% over the past 24 hours despite the Israel-Iran conflict failing to boost its safe-haven appeal.
  • The White House said President Trump will decide on U.S. involvement in the Iran-Israel conflict within two weeks, a factor roiling investor sentiment.
  • Tariff worries have weakened the U.S. Dollar Index to one of its worst first-half performances on record, a trend analysts link to potential crypto gains.
  • Institutional accumulation persists, with wallets holding over 10 BTC up 0.15% in ten days and spot Bitcoin ETF inflows continuing.
  • The global crypto market capitalization stands at about $3.25 trillion, with $81 million liquidated in the last 24 hours and Bitcoin dominance at 64% versus Ethereum’s 9.4%.