Bitcoin, the leading cryptocurrency, has once again surpassed the $108,000 mark, marking a significant recovery after recent volatility linked to geopolitical tensions and market uncertainty.
Bitcoin Recovery to $108,000
On June 25, 2025, Bitcoin surged to approximately $108,182, gaining nearly 2% in a single day. This recovery followed a period where the price had retested support levels near $104,000 and briefly dipped below $108,000.
Geopolitical Factors and Their Impact
Recent reports indicating Iran's openness to negotiations with the US and Israel helped calm markets. This contributed to the consolidation of Bitcoin's upward movement. Analysts believe that the move above $108,000 was an anticipated liquidity grab, effectively punishing short sellers.
Market and Investor Outlook
Traders are now eyeing a potential push towards all-time highs near $109,590, with key support levels holding strong between $102,000 and $108,000. The recovery is further supported by robust inflows into Bitcoin ETFs, which have recently seen over $1.35 billion in net purchases.
Overall, Bitcoin's return above $108,000 reflects a combination of easing geopolitical tensions, strategic investor positioning, and technical consolidation, setting the stage for potential further gains in the near term.
