Key Takeaways:
- Bitcoin surged back above $106K after briefly falling below $100K, driven by calming geopolitical tensions between Israel and Iran.
- Analyst Ryan Lee forecasts Bitcoin could hit $160K by year-end, with ETF inflows providing strong support despite lingering investor caution.
- Ethereum, Dogecoin, Solana, and Cardano saw mixed movement, with Ether showing strength while ADA and SOL slightly declined.
- Experts highlight Bitcoin’s growing role as a safe-haven, noting fast institutional-backed rebounds and deeper integration into mainstream financial markets.
Bitcoin rebounded above $106,000 Wednesday after dipping below $100,000 earlier this week, helped by signs a fragile Israel-Iran ceasefire is holding and calming markets.
Ether rose 0.5 % to $2,442, nearing $2,450 resistance; Dogecoin ticked to $0.166, Solana slipped to $146, and Cardano eased to $0.582 early Wednesday trading.
Bitget Research chief analyst Ryan Lee said Bitcoin’s slide below $99,000 showed lingering caution despite $46 billion in ETF inflows that still provide structural support.
“Its potential as a safe-haven shines through, but tempered risk appetite delays recovery,” Lee remarked, projecting $110,000–$115,000 by Q3 and $160,000 before year-end 2025.
He also sees Ether between $2,600 and $2,800 soon and possibly climbing toward $5,500 longer term as sentiment around smart-contracts improves amid network upgrades.
The crypto bounce mirrored risk appetite, with U.S. equity futures edging higher after the Nasdaq 100’s record close and Asian shares extending a two-day rally.
Treasuries firmed and the dollar steadied after Federal Reserve Chair Jerome Powell said policy paths are possible, reinforcing expectations for rate cuts as confidence weakens.
Bitcoin’s rapid rebound restarted debate over whether it is evolving into a genuine safe-haven or simply riding macro tailwinds and deepening institutional participation today.
“Bitcoin’s status as a safe-haven asset is still taking shape,” said Gadi Chait, investment head at Xapo Bank, citing the $105 K recovery within forty-eight hours.
Chait added that institutional bids soften dips and quicken rebounds when shocks hit, signalling deeper liquidity and integration of digital assets in mainstream portfolios. Market steadiness followed ceasefire optimism, easing worries that renewed Middle East unrest could roil oil supplies, unsettle bonds, and spur a flight from risk.
Analysts warn lingering geopolitical and inflation threats could still jolt sentiment and test the bullish projections outlined by Bitget and Xapo earlier this week.
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