Synopsis
Bitcoin price increased beyond $105,000. This surge happened because of reduced global tensions and more investments in ETFs. Ethereum also saw a rise. Other cryptocurrencies like Solana and XRP also gained value. Market experts suggest that if the US Federal Reserve indicates interest rate cuts, Bitcoin might rise further. Regulatory changes are also supporting this upward trend.
Bitcoin surged past the $105,000 mark on Tuesday, buoyed by easing geopolitical tensions and strong inflows into spot ETFs. As of 12:31 pm IST, the world’s largest cryptocurrency was up 3.7% at $105,785. Ethereum also posted strong gains, rising 8% to $2,430. The broader crypto market added 4.74% to touch a market capitalisation of $3.27 trillion, according to .
The rally came after US President Donald Trump announced a ceasefire agreement between Iran and Israel, alleviating concerns of prolonged geopolitical instability and potential disruptions in global oil supply chains.
Major altcoins mirrored Bitcoin’s rally. Solana and Sui rose 9% and 15%, respectively, while Chainlink jumped 12%. Other notable gainers included XRP (8.4%), Dogecoin (8%), Avalanche (8%), and Shiba Inu (10%).
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TOP COIN SETSNFT & Metaverse Tracker-0.02% BuyBTC 50 :: ETH 50-2.40% BuyWeb3 Tracker-3.51% BuySmart Contract Tracker-3.63% BuyDeFi Tracker-3.72% BuyTOP COINS (₹) XRP187 (6.73%)BuySolana12,393 (6.19%)BuyEthereum205,637 (4.72%)BuyBitcoin9,034,193 (2.19%)BuyBNB55,020 (1.6%)Buy“The ceasefire alleviated immediate concerns about global oil disruptions and restored geopolitical stability, prompting capital to flow back into risk assets,” said Edul Patel, Co-founder and CEO of Mudrex. “If Fed Chair Jerome Powell hints at rate cuts in his speech today, Bitcoin could break above the $107,700 resistance,” he added.
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View Details »Vikram Subburaj, CEO of Giottus, noted that the rally was supported by spot Bitcoin ETFs registering $133 million in inflows. “Despite short-term holders reacting to geopolitical news by moving 14,700 BTC to exchanges, the overall structure shows ongoing accumulation,” he said.
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Sathvik Vishwanath, Co-Founder and CEO of Unocoin, said the current surge is part of a broader trend driven by institutional support. “Bitcoin has swept liquidity at $100K and now eyes the $110K–$112K zone. If bulls defend $102K, the next leg could aim for $120K,” he said.
The CoinDCX Research Team highlighted that this momentum coincides with regulatory tailwinds. “The Federal Reserve has removed the ‘reputational risk’ clause penalising Bitcoin and crypto. Saylor’s MicroStrategy added another $26 million worth of Bitcoin, now holding 592,345 BTC valued at $41.87 billion,” they said. They also pointed out that Europe’s Blockchain Group recently bought 75 BTC, pushing its total holdings to 1,728 BTC.
The Crypto Fear and Greed Index climbed to 65, re-entering the ‘Greed’ zone, signalling rising investor confidence. Analysts warn, however, that elevated funding rates could lead to temporary pullbacks.
“Capital is rotating into majors, and with Bitcoin dominance at 64.5%, this signals market strength. But traders should stay cautious near $110K—whether it’s a breakout or bull trap will shape the next wave,” Vishwanath added.
As markets await Powell’s remarks, traders are watching closely for cues on interest rate policy. Any dovish signal could amplify the current momentum, possibly pushing Bitcoin toward new all-time highs.
Also Read: XRP could hit $5 by 2025, Solana eyes $300: Bitget analyst explains what’s driving the rally
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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