Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East.

Bitcoin rebounds to $106K amid Middle East ceasefire and rate cut bets

Russia’s crypto market is accelerating fast as institutional investors pour 
trillions of rubles into digital assets and rapidly expand industrial mining, 
capitalizing on abundant energy to strengthen global positioning. Digital 
Asset Boom Strengthens as Russians Top 2 Trillion Rubles in Crypto Holdings A 
bullish surge in Russia&#8217;s cryptocurrency sector is intensifying as domestic 
investors aggressively […]

Russians’ Crypto Holdings Top $25.4 Billion Amid Surging Institutional Investment

Ethereum price started a fresh increase from the $2,120 zone. ETH is now up 
over 8% and might face resistance near the $2,460 zone. Ethereum started a 
fresh upward move above the $2,200 level. The price is trading above $2,250 
and the 100-hourly Simple Moving Average. There was a break above a key 
bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh increase if it settles 
above the $2,460 resistance zone in the near term. Ethereum Price Regains 
Traction Ethereum price started a fresh increase from the $2,120 support 
level, like Bitcoin. ETH price was able to clear the $2,200 and $2,250 
resistance levels to move into a positive zone. Besides, there was a break 
above a key bearish trend line with resistance at $2,240 on the hourly chart 
of ETH/USD. The bulls even pushed the price above the 61.8% Fib retracement 
level of the downward move from the $2,568 swing high to the $2,114 low. 
Ethereum price is now trading above $2,300 and the 100-hourly Simple Moving 
Average. On the upside, the price could face resistance near the $2,440 level. 
The next key resistance is near the $2,460 level. It is close to the 76.4% Fib 
retracement level of the downward move from the $2,568 swing high to the 
$2,114 low. The first major resistance is near the $2,500 level. A clear move 
above the $2,500 resistance might send the price toward the $2,550 resistance. 
An upside break above the $2,550 resistance might call for more gains in the 
coming sessions. In the stated case, Ether could rise toward the $2,620 
resistance zone or even $2,650 in the near term. Another Decline In ETH? If 
Ethereum fails to clear the $2,460 resistance, it could start a fresh decline. 
Initial support on the downside is near the $2,340 level. The first major 
support sits near the $2,320 zone. A clear move below the $2,320 support might 
push the price toward the $2,250 support. Any more losses might send the price 
toward the $2,150 support level in the near term. The next key support sits at 
$2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above 
the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,460

Ethereum Price Rebounds Strongly, Clears $2,350 Resistance With 8% Gain

Bitcoin and other crypto funds have kept the cash register flowing for 10 
straight weeks, pulling in $1.24 billion in the latest period. That brings the 
year-to-date haul to $15 billion. Even holiday trading lulls and global 
jitters haven’t stalled the momentum. Investors seem to be treating this 
pullback as a chance to buy, not a reason to sell. Related Reading: Stablecoin 
Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Bitcoin And 
Ethereum Lead The Pack According to CoinShares data, Bitcoin pulled in $1.114 
billion this week alone. It has now logged $2.37 billion month-to-date and 
$12.7 billion YTD, across nearly $152 billion in assets under management. 
Ethereum chipped in with its ninth straight week of gains, adding $124 million 
in weekly inflows. That pushed its month-to-date total past $1 billion and its 
YTD figure to $2.43 billion, across $14.29 billion of assets. Investors aren’t 
scooping up bearish bets, either: short Bitcoin products saw just $1.4 million 
in outflows this week and $8.7 million since January. Altcoins See Mixed 
Results Solana attracted $2.80 million this week and nearly $3 million month- 
to-date, lifting its YTD flows to almost $86 million. XRP pulled in $2.70 
million weekly and $10.55 million month-to-date, taking its year-long total to 
$268 million across $1.205 billion in managed assets. But funds that package 
multiple tokens bled $5.76 million this week and almost $17 million for the 
month—though they’re still up $58 million in 2025. Other altcoin vehicles are 
in rough shape, with $509 million of outflows since January. Regional Trends 
Highlight The US The United States led global flows with $1.25 billion in 
weekly inflows. That’s $3.37 billion month-to-date and $14.30 billion YTD, out 
of $135 billion under management. Canada added nearly $21 million this week 
and $42.8 million for June. Germany chipped in almost $11 million while 
Australia booked $16.6 million. Brazil bucked the trend with $9 million of 
outflows this week and $26.4 million in June, but it’s still about $34.8 
million ahead for the year. Smaller Tokens Struggle For Attention Some newer 
names drew mixed reactions. Sui saw $8.5 million drain this week despite $3.3 
million of gains so far in June. Litecoin eked out $0.21 million in weekly 
inflows and clos to $6 million YTD. Related Reading: Dogecoin Breaks 
Free—Could Soar 60%, Analyst Says Cardano and Chainlink grabbed $0.34 million 
and $0.6 million this week, respectively. But smaller “other” products pulled 
in only $2.75 million against heavy selling since January. Institutions are 
still finding reasons to back crypto even as global events and holiday thins 
slow trading. Total weekly flows hit $1.23 billion, taking June’s total to 
$3.38 billion and the year’s to $15 billion, across $176 billion in overall 
assets. Based on these trends, big spenders aren’t ready to abandon digital 
tokens. They’re treating pullbacks like offers they can’t pass up. Featured 
image from Unsplash, chart from TradingView

Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak

Crypto entrepreneur and podcaster Anthony Pompliano has raised $750 million to 
take his crypto company ProCap public by merging it with a blank-check firm.

Pompliano's crypto firm raises $750M to go public via SPAC

Bitcoin price started a fresh increase from the $98,250 zone. BTC is now 
consolidating and might aim for a move above the $106,500 resistance. Bitcoin 
started a fresh increase above the $102,000 zone. The price is trading above 
$102,500 and the 100 hourly Simple moving average. There was a break above a 
key bearish trend line with resistance at $101,500 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if 
it stays above the $102,500 zone. Bitcoin Price Recovers Ground Bitcoin price 
started a fresh increase from the $98,500 zone. BTC gained pace after Trump 
announced a ceasefire. The price was able to climb above the $102,000 and 
$103,200 levels. Besides, there was a break above a key bearish trend line 
with resistance at $101,500 on the hourly chart of the BTC/USD pair. The pair 
cleared the 61.8% Fib retracement level of the downward move from the $106,470 
swing high to the $98,277 low. Finally, the price traded close to the $106,000 
level. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving 
average. It is also above the 76.4% Fib retracement level of the downward move 
from the $106,470 swing high to the $98,277 low. On the upside, immediate 
resistance is near the $106,000 level. The first key resistance is near the 
$106,200 level. The next key resistance could be $106,500. A close above the 
$106,500 resistance might send the price further higher. In the stated case, 
the price could rise and test the $108,000 resistance level. Any more gains 
might send the price toward the $110,000 level. Another Drop In BTC? If 
Bitcoin fails to rise above the $106,000 resistance zone, it could start 
another decline. Immediate support is near the $104,000 level. The first major 
support is near the $103,500 level. The next support is now near the $102,500 
zone. Any more losses might send the price toward the $101,200 support in the 
near term. The main support sits at $100,000, below which BTC might struggle 
to find bids. Technical indicators: Hourly MACD – The MACD is now losing pace 
in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for 
BTC/USD is now above the 50 level. Major Support Levels – $104,000, followed 
by $103,500. Major Resistance Levels – $106,000 and $106,500.