Bitcoin price is holding strong above $106,000 after a dramatic rebound fueled by President Donald Trump’s ceasefire declaration between Israel and Iran. BTC surged 3.2% in 24 hours, recovering from last week’s geopolitical-driven dip, reinforcing its growing status as a digital safe haven. Catch our full coverage on how Bitcoin and the broader market reacted during the conflict in our Weekly Crypto Roundup.
Trump’s Ceasefire Push and Crypto Commitment Spark Market Rally
The rebound followed Trump’s announcement of a ceasefire in the Israel–Iran conflict, a move that soothed global markets. Interestingly, Trump-linked company Trump Media just approved a $400 million stock buyback and reaffirmed its pro-crypto stance, signaling strong momentum in U.S. political backing for Bitcoin.
Bitcoin’s Institutional Momentum Accelerates
Institutional appetite for Bitcoin continues to build:
- Metaplanet plans to allocate up to $5B to its U.S. subsidiary to scale Bitcoin acquisition.
- Vinanz, a UK-based crypto miner, added 37.72 BTC, bringing its total holdings to 58.68 BTC.
- Panther Metals Plc stock soared 21% after announcing a $5.4M BTC purchase and plans to use $1.75M worth of BTC as collateral for a mining acquisition in Canada.
Bitcoin ETFs See Record Inflows — $350M in a Day
U.S. spot Bitcoin ETFs continue to see inflows, with $350.48 million net inflows on June 23 alone, the 10th straight day of positive flows.
- BlackRock’s IBIT led with $217.65M
- Fidelity FBTC: $105.66M
- Bitwise, Grayscale Mini, Invesco, and Ark Invest also posted gains
- Grayscale’s GBTC was the only outlier with $5.69M in outflows
With ETFs surpassing $1 trillion in cumulative trading volume, the structural demand narrative is stronger than ever.
Bitcoin Price Analysis: Will BTC Break $110K Next?
As per the latest 1 -day chart:
- BTC is trading at $105,100, above the 9-day SMA ($104,216), reflecting short-term strength.
- MACD histogram is showing red momentum, but trend reversal signals may soon emerge if bulls hold above $104K.
- The price is well above key supports at $99K and $94K, confirming BTC is back in a recovery zone.
Bitcoin price prediction: If momentum continues, Bitcoin price could climb 6–8% and test resistance near $110K–$113K by early July 2025. A failure to hold $104K may see a retest of the $99K support.
Bitcoin Halving: A Supply Shock Already in Motion
Bitcoin’s April 2024 halving reduced block rewards from 6.25 to 3.125 BTC, cutting new supply in half, an event that has historically preceded major price rallies. With the effects of the halving still playing out, many investors are watching for its delayed impact on price momentum.
Explore our detailed Bitcoin Halving to understand how this cyclical event shapes market cycles, miner behavior, and long-term valuation.
Bitcoin Price Forecast: 2025–2030 Outlook
With ETF adoption, institutional treasury accumulation, and political backing strengthening, Bitcoin’s long-term forecast remains bullish. For a deeper dive into Bitcoin’s potential trajectory and technical targets through 2025 and beyond, check out our full Bitcoin Price Prediction analysis.
- 2025 Year-End Target: $130K–$150K
- 2030 Forecast: $300K–$400K, driven by post-halving supply dynamics and global crypto adoption
FAQs
What is the current Bitcoin price in USD?
As of now, Bitcoin (BTC) is trading around $105,000 USD, though prices can fluctuate rapidly based on market conditions. For real-time updates, refer to reliable platforms like CoinDCX, CoinMarketCap, or TradingView.
What is the history of Bitcoin’s price movement?
Bitcoin was launched in 2009 and had virtually no market price in its early years. Key milestones include:
2013: Crossed $1,000
2017: Reached $20,000
2021: Hit an all-time high near $69,000
2025 (current): Trading above $100,000 following institutional adoption and ETF approvals
What did Donald Trump say about Bitcoin?
In 2025, Donald Trump voiced strong support for Bitcoin and crypto, calling for financial freedom and opposing central bank-controlled digital currencies. His media company, Trump Media, also approved a $400M stock buyback and expressed ongoing interest in digital assets, fueling bullish sentiment across the crypto market.
