Bitcoin surges to $107K after geopolitical tensions ease

• Bitcoin Surpasses $107K as Post-Stress Recovery Rebounds
• Ethereum Reclaims $2.400; IP Leads Cryptocurrency
• BTC dominance over altcoins surpasses 62%

Bitcoin posted significant gains again on Tuesday (25), trading at US$ 107.256, up 2% in the last 24 hours. The cryptocurrency broke the US$ 107 barrier earlier, reaching its weekly high, in a recovery movement after falling below US$ 100 in recent days.

Last week, the asset tested the resistance of US$ 109 thousand, but quickly retreated in the face of tensions in the Middle East, especially after the mutual attacks between Iran and the United States. BTC was traded at US$ 98.250 over the weekend, marking its lowest price in more than a month.

Starting on Monday, with the easing of geopolitical tensions, Bitcoin began a recovery trajectory, surpassing US$ 105 and advancing to the region of US$ 107 this morning. Even after a slight retreat, the cryptocurrency still remains above US$ 106, with a market value of around US$ 2,117 trillion and dominance of over 62% over altcoins.

Among the major cryptocurrencies, Ethereum returned to trading above $2.400, following the positive movement. XRP is approaching the $2,20 range, while other altcoins such as ADA, BNB, SOL, TRX and DOGE are also showing moderate gains.

The highlight was the Pi Network token PI, which rose 16% after rumors that it could be listed on a large centralized exchange. The movement was driven by members of the community itself, and attracted attention in the market with this above-average jump.

Bitcoin Price Could Rise to $110K, According to Technical Analysis

Trader Hardy (@Degen_Hardy) shared a market update pointing out that there is still an untested daily level near $110. According to him, this could be BTC’s next target if the asset does not face rejection at the current level.

“There is over $1 billion in liquidity sitting right in that zone on the MEXC chart,” he noted. For Hardy, the chart presents a favorable setup — it remains to be seen whether buyers will have enough strength to push the price there.

$ BTC UPDATE 📊

There's an untapped daily level sitting at $110K, and if we don't reject here, that's likely our next target.

What's more, over $1B in liquidity is stacked right at that zone on the MEXC chart. 👀

The setup is looking clean… now it's just a matter of whether… pic.twitter.com/KdDStm8H0b

— Hardy (@Degen_Hardy) June 25, 2025