Bitcoin price rebounds to $107k despite Middle East tensions

  • Bitcoin price has recovered from its sell-off to trade above $107,000.
  • The Bitcoin price was up nearly 2% in 24 hours on June 16, 2025, despite Middle East tensions.
  • Analysts say BTC has shown resilience since it touched lows of $102,800 on June 11.

Bitcoin (BTC) showed notable strength as the price recovered to trade above $107,000 in the early trading session on Monday, June 16, 2025, despite continuing concerns over a potential war breaking out in the Middle East.

The price of BTC touched lows of $102,800 last week amid negative headlines fueled by Israel and Iran’s aggression against each other.

However, with markets likely buoyed by a potential peace deal, the benchmark cryptocurrency is back near $107k.

A slight recovery across the market has also seen Ethereum rebound above $2,600, XRP above $2.20, and Solana above $1.56.

Top gainers in the past 24 hours include Hyperliquid (HYPE), which shot to a new all-time high above $44.7 as its total value surpassed $2 billion.

QCP analysts on BTC, market bounce

While geopolitical headwinds prevail, led by the Iran-Israel situation, analysts are pointing to Bitcoin’s resilience amid institutional interest.

The market has witnessed notable traction for spot Bitcoin exchange-traded funds (ETFs) as another factor to consider.

Spot Bitcoin ETF inflows reached $1.3 billion in the past week.

According to analysts at Singapore-based QCP Capital, the price of Bitcoin is showing impressive strength despite the Middle East tensions.

Recovery for BTC mirrors gains in the US futures market on Monday.

In reference to the price drop seen last week and over the weekend, QCP wrote.

“The reaction was relatively muted. Friday’s pullback was just 3%—mild compared to April 2024, when similar headlines triggered an 8% drawdown. The market seems more composed this time around.”

However, the analysts say downside risks persist, particularly if Iran blocks the Strait of Hormuz or the US military gets directly involved in the conflict.

But what could this mean for Bthe TC price long term?

“Ironically, such risks may support $BTC over the longer term. With the asset less than 6% off all-time highs, its performance continues to reinforce a narrative of $BTC as a hedge against macro instability and rising debt burdens,” QCP added. “Recent price action suggests $BTC is no longer just a speculative trade. Structural adoption is being driven by conviction flows, even as the broader macro picture remains unsettled.”

Bitcoin price prediction

Bitcoin reached its all-time high above $111,970 on March 22, 2025. The current prices, despite the sharp decline seen last week, only put BTC over 4% off the ATH.

With Bitcoin fear & greed index suggesting the market remains in greed territory, it’s possible bulls could soon retest the psychological $110k level.

However, buyers face a supply wall around the $108k area. On the flipside, key support levels lie around $103k.

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Hyperliquid price surges to all-time high with TVL crossing $2 billion

  • Hyperliquid (HYPE) trades above $44 after hitting a new all-time high.
  • A rally of over 11% in the last 24 hours has bulls in control as open interest also reaches a new ATH.
  • The technical picture suggests a possible breakout above $50, but can bulls go for $100 in coming days?

Hyperliquid (HYPE) price jumped to a new all-time high above $44.76 on June 16, 2025, allowing buyers to push into price discovery mode.

The gains for HYPE came amid an 11% surge in 24 hours and over 25% rally in the past week.

With Hyperliquid trending as one of the top coins in the market, open interest is rising and a bullish setup suggests a spike above $50 is possible.

An innovative DeFiLlama infrastructure and aggressive token buyback are some of the bullish catalysts for Hyperliquid.

HYPE price soars to new all-time high

As of writing, the native token of this layer 1 blockchain for decentralized finance (DeFi), hovers around $44.36. However, as per CoinMarketCap, HYPE price surged to an all-time high of $44.76 in early trading on Monday.

The upside coincides with a sharp spike in total value locked (TVL), which currently exceeds $2.24 billion.

DeFiLlama data shows Hyperliquid TVL has increased nearly 7% in the past 24 hours. On June 11,2025, the Hyperliquid TVL stood around $1.7 billion.

The project’s growing ecosystem, with a crucial stablecoin architecture and thriving developer community, adds to the bullish outlook.

As HYPE price hit its new ATH above $44.7, a whale with a long position of 4x leverage increased their profits. OnChain Lens noted the whale’s floating profit hovered at over $13.7 million at the time.

Hyperliquid price prediction: Is $100 next?

Open interest, huge trading volume and increased institutional interest are all factors that see HYPE’s price hover at its all-time highs.

Coinglass data shows derivatives volume for HYPE has jumped 29% to over $1.8 billion.

Meanwhile, OI is above $2 billion with a more than 15% spike. This optimism about Hyperliquid’s price potential also aligns with signals from key technical indicators.

On the daily chart, the 14-day Relative Strength Index (RSI) stands at 69. This means a market that’s not overbought yet. In this scenario, buyers have room for fresh gains.

Also backing this outlook is the Moving Average Convergence Divergence (MACD), which offers a bullish momentum as MACD line trends above the signal line.

HYPE price on daily chart by TradingView

In a bullish case, the short-term picture is for a decisive spike above $50 and potential run to the psychological $100 mark.

Notably, HYPE could rally much higher in 2025 amid further adoption of its decentralized applications and attractive financial incentives.

On the flipside, profit taking could force bulls to defend the $40 and $32 price levels.

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US Bitcoin ETF inflows hit over $1.3 billion last week

  • BTC crossed $106,000 on 13 June, sparking institutional buying.
  • The coin currently trades near the $107K mark.
  • Market signals show mixed short-term sentiment despite the ETF rebound.

Bitcoin investment products saw a sharp rise in institutional inflows last week, reversing a two-week trend of capital flight.

Between 9 and 13 June, BTC-backed exchange-traded funds (ETFs) recorded $1.37 billion in net inflows, marking their first positive weekly performance since late May.

The turnaround in sentiment came despite sluggish price action early in the week, suggesting a shift in investor behaviour driven by price recovery and growing appetite for digital assets in traditional markets.

The resurgence in inflows reflects how closely institutional participation remains tied to BTC’s price performance.

While the early part of the week saw subdued demand due to Bitcoin trading flat below $106,000, the mood shifted rapidly once the coin rebounded.

By 13 June, BTC had crossed the $106,000 mark and closed the week strong, leading to a fresh wave of capital inflow across ETF markets.

The momentum saw BTC ETFs absorb more than $1 billion in new funds, underscoring the growing confidence among institutional players.

Derivatives market shows signs of caution

Despite the uptick in spot ETF activity and Bitcoin’s 1% price gain on Monday, the derivatives market paints a more cautious picture.

As of writing, Bitcoin trades at $106,994, with a 19% rise in 24-hour trading volume.

bitcoin price
Source: CoinMarketCap

However, futures open interest—a key metric tracking unsettled contracts—has declined nearly 10% since 10 June, now standing at $69.39 billion.

This decline signals that many traders are closing out or refraining from entering new leveraged positions.

In times of heightened uncertainty or weak price conviction, such a move often reflects a risk-off attitude.

Lower open interest can also indicate reduced market participation, which typically leads to lower volatility but also dampens bullish momentum.

The disconnect between ETF inflows and derivative activity points to a mixed outlook.

While long-term holders and institutions appear more confident in Bitcoin’s trajectory, short-term speculators remain wary of potential pullbacks or broader market corrections.

Sensitivity to BTC price remains high

The interplay between ETF inflows, derivative markets, and on-chain sentiment suggests that Bitcoin remains highly sensitive to price signals.

The dramatic reversal in ETF participation shows that institutional capital flows are still reactive to near-term performance.

A firm close above a psychological resistance level like $106,000 can, therefore, unlock substantial inflows, even after short periods of consolidation or outflows.

Conversely, the subdued activity in the futures market and rising demand for puts shows that not all market participants are convinced of a sustained rally.

This divergence highlights a broader trend in the crypto markets, where long-term conviction and short-term caution often coexist.

For now, Bitcoin has managed to recapture institutional attention, at least in the spot ETF space.

Whether this trend can sustain itself amid mixed signals in the derivatives sector will depend on how BTC performs in the coming weeks—particularly whether it can defend the $106,000 level and regain broader market confidence.

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Where is Bitcoin Pepe headed as analyst sees BTC hitting $1M?

  • Despite the renewed uncertainty, the long-term outlook for Bitcoin remains largely optimistic.
  • With Bitcoin’s climb, early-stage tokens like Bitcoin Pepe could stand to benefit significantly.
  • The Bitcoin Pepe presale has raised over $14 million. The BPEP token is currently priced at 0.0416.

Bitcoin has tumbled closer to the psychologically significant $100,000 mark, dealing a blow to traders who had been anticipating a breakout to new all-time highs.

The decline followed a sharp escalation in geopolitical tensions after Israel launched a series of airstrikes on Iran.

Bitcoin responded swiftly, falling 2.8% from $106,042 to $103,053 within 90 minutes.

Despite the renewed uncertainty, the long-term outlook for Bitcoin remains largely optimistic.

Over the past few weeks, several analysts have issued bullish forecasts, citing macroeconomic shifts, growing institutional interest, and broader adoption trends.

If those predictions play out, early-stage tokens like Bitcoin Pepe could stand to benefit significantly.

These assets, while carrying some degree of elevated risk, are increasingly appealing to investors seeking higher upside potential in a recovering market.

As sentiment improves across the crypto landscape, speculative tokens often see renewed inflows, with traders rotating capital into high-volatility opportunities in pursuit of outsize returns.

Bitcoin at $1 million?

Bitcoin could potentially rise tenfold and reach $1 million over time if adoption continues to expand, according to Galaxy Digital founder and CEO Mike Novogratz.

Speaking with CNBC on Thursday, Novogratz said the long-term bull case hinges on generational shifts and growing acceptance of Bitcoin as a legitimate store of value.

“The bull case becomes that over time, young people care about it more than old people, so gold slowly gets replaced by Bitcoin,” he said.

“If you look at gold’s market cap and Bitcoin’s market cap, Bitcoin has a long way to go — 10x — and so that’s [$1 million] Bitcoin just to be where gold is.”

Novogratz is the latest in a growing list of high-profile Bitcoin advocates to forecast significant long-term upside.

Strategy’s Michael Saylor has also repeatedly outlined a multi-year bullish thesis for cryptocurrency.

Novogratz pointed to accelerating macro adoption as the key driver behind his forecast.

“Now we’ve got all these treasury companies buying Bitcoin, we’ve got sovereign wealth buying Bitcoin, we’ve got retail investors buying Bitcoin, there are easier ways to get it,” he said.

“So the adoption of Bitcoin as a macro asset, as an asset to save money in, I think that’s now a ball rolling downhill.”

Bitcoin Pepe to ride the Bitcoin wave

In a scenario where Bitcoin breaches the $1 million mark, high-risk, high-reward assets like Bitcoin Pepe could be among the biggest beneficiaries.

A breakout of that scale would likely reignite speculative appetite across the crypto market, channeling capital into smaller, meme-infused tokens that promise exponential upside.

Bitcoin Pepe is uniquely positioned at the convergence of two dominant narratives: its integration with Bitcoin’s technical infrastructure and its foundation in internet meme culture.

This dual identity enhances its appeal in bullish market phases, where investors tend to chase novelty and asymmetric return potential.

As the first meme-centric Layer 2 network built on Bitcoin, Bitcoin Pepe aims to combine the base layer’s security with scalability on par with Solana.

This infrastructure-forward positioning, paired with its viral meme appeal, has helped the project stand out in a saturated market.

Its ongoing presale has already raised over $14 million, underscoring strong investor interest ahead of a scheduled listing announcement on June 17.

The BPEP token is currently priced at $0.0416.

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Best crypto to buy now as SEC scraps Biden era proposed crypto rules

  • The US SEC has rescinded a series of proposed rules introduced under the previous administration.
  • With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain.
  • Bitcoin Pepe’s presale has raised over $14 million in its ongoing presale.

Bitcoin has tumbled closer to the psychologically significant $100,000 mark, dealing a blow to traders who had been anticipating a breakout to new all-time highs.

The drop came after Israel launched a series of airstrikes on Iran, further escalating geopolitical tensions in the region.

Explosions were reported in Tehran at 22:50 UTC on Thursday, shortly before Israel took responsibility for the strikes.

Bitcoin reacted swiftly, falling 2.8% from $106,042 to $103,053 within 90 minutes.

Despite the mounting uncertainty, there is a notable development on the regulatory front.

The US Securities and Exchange Commission has withdrawn a set of proposed rules introduced under the Biden administration — a move that could signal a shift in the agency’s approach to crypto regulation.

With the regulatory scenario improving, projects like Bitcoin Pepe stand to gain from the increased visibility.

SEC scraps Biden-era rules

The US Securities and Exchange Commission has formally rescinded a series of proposed rules introduced under the Biden administration, including two key measures targeting crypto custody and exchange oversight.

In a statement issued Thursday, the SEC said it was “withdrawing certain notices of proposed rulemaking” that had been floated between March 2022 and November 2023, during the tenure of former Chair Gary Gensler.

The agency clarified that it “does not intend to issue final rules with respect to these proposals,” but left the door open to revisit the issues with new proposals in the future.

The move marks the latest regulatory rollback under President Donald Trump, who has signaled a broad push for deregulation across both digital assets and traditional markets.

“Down goes 3b16, qualified custodian, and all the other unfinished Gensler rule proposals,” Coinbase chief legal officer Paul Grewal wrote on X, applauding the development.

Bitcoin Pepe can ride the broader momentum

The increasing regulatory clarity is expected to bring much-needed visibility to the broader altcoin and meme coin markets, potentially reshaping investor perception of these assets.

As oversight improves, the shift from pure speculation to more credible, utility-driven narratives within the digital asset ecosystem could accelerate.

This evolving landscape may lend legitimacy to technically ambitious projects like Bitcoin Pepe, which are attempting to bridge the gap between meme-driven appeal and real-world functionality.

By combining infrastructure innovation with cultural relevance, such projects stand to benefit as the market begins to reward substance alongside sentiment.

Unlike many meme tokens that depend entirely on momentum and community-driven hype, Bitcoin Pepe distinguishes itself with a defined technical roadmap and an infrastructure-focused approach.

Backed by this more structured narrative, the project has already raised over $14 million in its ongoing presale, with a listing announcement scheduled for June 17.

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