Will Bitcoin Price Bounce Back After Trump’s Ceasefire Announcement
The post Will Bitcoin Price Bounce Back After Trump’s Ceasefire Announcement appeared on BitcoinEthereumNews.com. The post Will Bitcoin Price Bounce Back After Trump’s Ceasefire Announcement appeared first on Coinpedia Fintech News After a dramatic weekend driven by geopolitical unrest, Bitcoin is back in recovery mode. Following U.S. President Donald Trump’s announcement of a “total ceasefire” between Israel and Iran, BTC surged past $106,000, reversing Sunday’s dip below $98,500, the lowest in over a month. Crypto Market Rebound on Ceasefire and Fed Bets The sudden recovery wasn’t just about peace talks. Traders are now betting on U.S. interest rate cuts, with the CME FedWatch tool showing a 53% chance that rates could fall to 3.75% or lower by November. That’s good news for risk-on assets like Bitcoin, which thrive on looser monetary policy. Despite the recent $193 million in long liquidations, Bitcoin’s open interest remains robust at $68 billion. This signals continued institutional interest, even in the face of macro turbulence. Bitcoin Hashrate Dips 8%, But Analysts Stay Calm No this is not because Iran is secretly mining large swathes of Bitcoin using nuclear energy. Firstly, drops like this are common (see chart below) and are more likely due to ERCOT curtailment (being paid to shed load, or getting a price signal it's uneconomical to mine).… https://t.co/AxX3poncZ6 pic.twitter.com/XnL4YGaMCl — Daniel Batten (@DSBatten) June 23, 2025 Bitcoin’s hashrate fell by 8% last week, prompting concerns over mining disruptions, particularly in regions like Iran, where unofficial mining is rumored to consume up to 2GW of electricity. However, analysts like Daniel Batten see no reason to panic. Similar drops occurred during U.S. weather events, like the April storms that slashed hashrate by 27%. Crypto investment funds posted $1.24 billion in inflows last week, the tenth straight week of gains. The U.S. led the charge, with Bitcoin alone attracting $1.1 billion. Even as prices corrected, institutional buyers kept the…
The post Will Bitcoin Price Bounce Back After Trump’s Ceasefire Announcement appeared on BitcoinEthereumNews.com.
The post Will Bitcoin Price Bounce Back After Trump’s Ceasefire Announcement appeared first on Coinpedia Fintech News After a dramatic weekend driven by geopolitical unrest, Bitcoin is back in recovery mode. Following U.S. President Donald Trump’s announcement of a “total ceasefire” between Israel and Iran, BTC surged past $106,000, reversing Sunday’s dip below $98,500, the lowest in over a month. Crypto Market Rebound on Ceasefire and Fed Bets The sudden recovery wasn’t just about peace talks. Traders are now betting on U.S. interest rate cuts, with the CME FedWatch tool showing a 53% chance that rates could fall to 3.75% or lower by November. That’s good news for risk-on assets like Bitcoin, which thrive on looser monetary policy. Despite the recent $193 million in long liquidations, Bitcoin’s open interest remains robust at $68 billion. This signals continued institutional interest, even in the face of macro turbulence. Bitcoin Hashrate Dips 8%, But Analysts Stay Calm No this is not because Iran is secretly mining large swathes of Bitcoin using nuclear energy. Firstly, drops like this are common (see chart below) and are more likely due to ERCOT curtailment (being paid to shed load, or getting a price signal it's uneconomical to mine).… https://t.co/AxX3poncZ6 pic.twitter.com/XnL4YGaMCl — Daniel Batten (@DSBatten) June 23, 2025 Bitcoin’s hashrate fell by 8% last week, prompting concerns over mining disruptions, particularly in regions like Iran, where unofficial mining is rumored to consume up to 2GW of electricity. However, analysts like Daniel Batten see no reason to panic. Similar drops occurred during U.S. weather events, like the April storms that slashed hashrate by 27%. Crypto investment funds posted $1.24 billion in inflows last week, the tenth straight week of gains. The U.S. led the charge, with Bitcoin alone attracting $1.1 billion. Even as prices corrected, institutional buyers kept the…
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