Tel Aviv, June 17, 2025 - Bitcoin (BTC) has demonstrated relative stability amidst escalating tensions in the Middle East, according to analysts. The cryptocurrency fell only 1.3% in the last 24 hours, trading at $105,552, despite ongoing geopolitical concerns.
This stability continues a trend, with BTC gaining 1.6% over the past 30 days, according to CoinGecko data. However, it remains over $5,000 shy of its all-time high of $111,970, reached on May 22, 2025. (Source: Decrypt, June 17, 2025)
Despite drone strikes and warnings from U.S. President Donald Trump, Bitcoin's performance has mirrored that of equities, with the S&P 500 index rising 0.94% in the past 24 hours. On Monday, Bitcoin ETFs saw $408.6 million in inflows, the second-highest this month. (Source: Decrypt, June 17, 2025)
Analysts suggest that traders may await greater geopolitical clarity for significant price movements. Rajiv Sawhney of Wave Digital Assets expects BTC to remain between $103,000 and $109,000. (Source: Decrypt, June 17, 2025)
Illia Otychenko of CEX.IO believes Bitcoin's resilience confirms its growing role as a hedging asset. He noted a quick rebound after briefly dipping below $102,000. (Source: Decrypt, June 17, 2025)
Jamie Coutts of RealVision suggests Bitcoin is increasingly perceived as less of a "risk-on" asset. He highlighted its steady price path compared to spikes after other major geopolitical events. (Source: Decrypt, June 17, 2025)