The post Bitcoin price rebounds to $107k despite Middle East tensions appeared on BitcoinEthereumNews.com.

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,…

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Filed under: News - @ June 16, 2025 12:22 pm