Trump's speech alleviates Middle East panic, Bitcoin regains lost ground.

date
16/06/2025
Bitcoin rose slightly, recovering from a recent decline caused by investor preference for risk assets due to the Israel-Iran conflict. Kathleen Brooks of XTB stated in a report that President Trump's comments that Israel and Iran may find a solution to end the conflict seemed to ease market concerns about the tense situation in the Middle East. She noted, "We believe that Bitcoin will need to quickly deteriorate and enter a more dangerous phase in the Middle East before falling below $100,000."