According to Francisco Rodrigues, Bitcoin (BTC) rose to near $107,000 as a U.S.-brokered ceasefire between Iran and Israel reduced geopolitical risks, boosting risk assets across markets. Susannah Streeter, head of money markets at Hargreaves Lansdown, noted that doubts about the ceasefire holding persist due to intelligence reports, potentially limiting gains. Federal Reserve Chair Jerome Powell emphasized a wait-and-see approach on interest-rate cuts, citing elevated inflation, which Bitunix analysts stated supports risk assets but requires monitoring of tariff developments and inflation data. Derivatives trader Jake O from Wintermute indicated neutral positioning around $100,000-$105,000 for the June expiry, with call option activity showing modest bullishness for higher targets.

According to The Kobeissi Letter, this week’s key events include US strikes on Iran, May existing home sales, June CB Consumer Confidence, Fed Chair Powell’s speeches, Q1 2025 GDP data, and May PCE inflation data. These events are expected to create heightened volatility in both traditional and crypto markets, including Bitcoin (BTC) and Ethereum (ETH), as geopolitical tensions and macroeconomic indicators often trigger sharp moves in digital asset prices (source: @KobeissiLetter, June 22, 2025). Traders should monitor Powell’s statements and inflation data closely for clues on liquidity conditions and risk sentiment, which historically influence short-term crypto price action.