🚀 Bitcoin Rockets to $105K Amid Trump-Brokered Israel-Iran Ceasefire—Hedge Funds Scramble

Geopolitical shockwaves send crypto into hyperdrive as digital gold smashes records.

### The Ceasefire Pump: How Macro Turmoil Fuels Crypto

Bitcoin just ripped past six figures after former President Trump mediated Middle East tensions—proving once again that crypto thrives on chaos. Traders are piling in as institutional FOMO reaches fever pitch.

### Wall Street’s Love-Hate Relationship With Volatility

Goldman analysts are probably drafting a ‘Bitcoin as geopolitical hedge’ report right now—same folks who called it a ‘pet rock’ at $20K. Meanwhile, retail traders are outperforming hedge funds… again.

### The Cynical Take

Nothing unites warring nations like watching their fiat currencies burn while a decentralized asset moons. Satoshi’s laughing somewhere.

TLDR

• Bitcoin surged over 7% to $105,000 after President Trump announced a ceasefire between Israel and Iran
• Over $350 million in short positions were liquidated as crypto markets rallied on the news
• Major altcoins including Ethereum, Solana, and Cardano jumped 7% as traders rotated back into risk assets
• The ceasefire ended a 12-day conflict that saw missile strikes and civilian casualties on both sides
• Trump claims to have brokered the deal, though formal confirmation from both governments remains pending

Bitcoin climbed back above $105,000 on Monday after President Donald TRUMP announced a ceasefire between Israel and Iran. The rally came after 12 days of escalating conflict that had spooked global markets.

Trump posted on his Truth Social platform that both countries had agreed to end hostilities. He stated that Iran WOULD start the ceasefire first, followed by Israel after 12 hours. The announcement marked what Trump called the end of the “12 Day War.”

US futures rally as Trump announces Israel-Iran ceasefire 🚀

🔹 Dow $YM +0.9%
🔹 S&P 500 $ES +1%
🔹 Nasdaq $NQ +1.3%

Fed Chair Powell testifies before Congress today, will he drop any rate clues? pic.twitter.com/0hfR9wUsyw

— Trader Edge (@Pro_Trader_Edge) June 24, 2025

The cryptocurrency market responded immediately to the news. Bitcoin gained 7.6% from local lows near $98,000 as investors moved back into risk assets. Trading volumes rebounded after a brutal weekend that saw massive liquidations.

Other major cryptocurrencies also surged on the ceasefire news. ethereum climbed back above $2,400, posting gains of around 7%. Solana and Cardano both jumped 7% as well, with SOL rising above $140 and ADA climbing past 50 cents.

The rally coincided with broader market relief across asset classes. The Israeli shekel gained 1% while safe-haven assets like oil dropped. Brent crude fell 1.8% as tensions appeared to ease in the Middle East.

Short sellers bore the brunt of the crypto rally. Over $350 million in short positions were liquidated in the past 24 hours. When including long positions, total liquidations reached $471 million, but the majority impacted traders betting against Bitcoin.

Ceasefire Timeline and Background

The conflict escalated rapidly over the past two weeks. On June 22, U.S. aircraft struck Iran’s main nuclear facilities, crossing a red line set by Tehran. Iran responded with a symbolic attack on a U.S. base in Qatar, which resulted in no casualties.

The deadliest exchanges occurred just hours before the ceasefire took effect. Iran fired rockets at Israeli territory, killing four people in Beersheba. Israeli strikes on the Iranian city of Gilan killed nine civilians and injured 33 others.

Israel formally accepted the truce around 07:10 BST on Monday morning. The government stated it had achieved its military objectives and eliminated Iran’s nuclear and missile capabilities. Iran’s Foreign Minister posted conditional acceptance on social media, stating Iran would halt attacks if Israeli operations ceased.

Market Impact and Trading Patterns

The ceasefire news triggered a rotation back into risk assets across crypto markets. The broader CoinDesk 20 index rose over 3% as traders bet on reduced volatility. XRP, BNB, and Dogecoin also posted gains between 4-6%.

Trading data showed the extreme nature of the short squeeze. Across crypto derivative platforms, 89-100% of liquidations were short positions. This highlighted how heavily traders had positioned against Bitcoin during the geopolitical uncertainty.

Bitcoin’s performance reinforced its sensitivity to real-time geopolitical events. The cryptocurrency trades 24/7 when other markets are closed, making it a key indicator of global risk sentiment. Its alignment with broader currency and commodity trends showed its role as a speculative barometer.

Some analysts see structural strength in Bitcoin’s ability to hold above $100,000 during the crisis. Institutional flows and ETF demand have remained steady despite the volatility. This suggests bitcoin may be maturing as a macro hedge for long-term investors.

However, the ceasefire remains fragile with underlying tensions unresolved. Both governments emphasized the conditional nature of the agreement and warned of potential renewed conflict. Iran’s Fars News Agency initially called Trump’s announcement “completely false” before officials aligned with the ceasefire terms.

As of press time, Bitcoin continues trading above $105,000 as ceasefire terms hold and global markets maintain their risk-on stance.