Bitcoin fell 1.6% to $105,430 on Tuesday, giving back gains from the prior session, as investor sentiment turned cautious amid escalating tensions between Iran and Israel and ahead of the U.S. Federal Reserve’s policy decision.
Crypto markets remained fragile despite early reports of ceasefire talks, which were later denied by Iranian officials. Meanwhile, U.S. President Trump’s harsh rhetoric and speculation over direct U.S. involvement added to market unease.
Geopolitics Tighten the Range for Bitcoin
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BTC continues to trade within a tight June range, reflecting a lack of conviction among traders.
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Concerns over Middle East escalation are keeping risk appetite subdued.
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While a direct impact from the Iran-Israel conflict on crypto assets is minimal, market psychology and sentiment swings remain key price drivers.
Trump Media Files for Bitcoin and Ether ETFs
Adding another layer to the mix, Trump Media & Technology Group Corp (NASDAQ:DJT) filed to launch a dual Bitcoin-Ether ETF, its second major ETF application in two weeks. While the U.S. market is already saturated with crypto ETFs, the move underscores rising institutional interest and potential political entanglement, as Trump holds influence over crypto policy.
Relevant Insights Backed by Live Data:
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Cryptocurrency Daily: Track daily prices and volume movements of top cryptocurrencies like Bitcoin and Ether.
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Crypto News API: Stay updated with real-time sentiment and breaking crypto developments from verified global sources.
What’s Next for Bitcoin?
With the Fed’s interest rate stance pending and no clear resolution in the Iran-Israel situation, Bitcoin is likely to remain rangebound in the near term. Any major shift in either front could act as a trigger—positive or negative.
For now, crypto remains a sentiment-driven asset class, acutely sensitive to both global headlines and macroeconomic cues.
