Bitcoin rose to 106 thousand dollars: cautious optimism on the Israeli-Iranian ceasefire
Bitcoin (BTC) increased over $ 106,000 with the protection of the Israeli-Iran ceasefire. However, geopolitical uncertainty continues and the market moves with cautious optimism. In the subcoins, snow realization attracted attention, while the memecoins decreased. On the other hand, the Guotai Junan shares, which scored crypto licenses at Hong Kong, increased by 116 %, which shows the effect of the regulation advantage of the region. In general, the market is recovering, but it remains cautious.
Bitcoin (BTC) rose to $ 106.160 with the preservation of the Israeli-Iran ceasefire process provided under the US mediation. This increase is considered as a prudent recovery signal following the harsh fluctuations in the past weeks.
🗺️ Geopolitical uncertainty continues
The ceasefire was announced on Monday by former President Donald Trump.
Although there were short -term violations between the parties on Tuesday, the clashes decreased as of Wednesday morning.
Market players question how permanent this ceasefire will be.
🪙 Realization of Snow in Altcoins
Despite the ceasefire, the acceleration of rise throughout the crypto market weakened:
| Asset | Price (USD) | Daily Change |
|---|---|---|
| ** ETH ** | 2,433 | +0.5% |
| ** XRP ** | 2.1818 | 0.0% |
| ** Solana ** | N/A | +0.1% |
| ** CARDANO ** | N/A | -1.8% |
| ** Dogecoin ** | N/A | -0.8% |
| ** \ $ trump ** | N/A | -2.1% |
Investors, especially in the memecoins and small volume subcoins are directed to profit realization.
Hong Kong Impact: 1788 shares rose by 116 %
The Chinese intermediary institution Guotai Junan International (HK: 1788) gained 116 %of his crypto trade license in Hong Kong.
The Hong Kong Securities Commission gave the company the authority to mediate crypto assets.
This step promotes more institutional transition to crypto with Hong Kong’s stablecoin arrangement.
📌 While the crypto ban on the Chinese mainland is ongoing, Hong Kong becomes a regulation port for global investors.
Although BTC’s rise to 106 thousand dollars is a positive signal for the market, geopolitical uncertainties and cautious corporate attitudes show that prices are still under pressure. Loss of momentum in the Altcoin market shows that short -term recipients should be careful.