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June 24, 2025

Bitcoin Bounces Back to $106K Amid Ceasefire News, Targets $120K

Bitcoin Rebounds Following Promising Ceasefire Reports

Bitcoin is back on the rise, crossing the $106,000 mark following impactful news regarding a ceasefire between Iran and Israel. This news has generated positive sentiment in the market, reversing a previous plunge that took Bitcoin below $99,000.

The resurgence brings new hope for investors, with the potential price target now set at $120,000. This rally reflects a growing confidence in Bitcoin’s market stability. As buyers enter the market, traders are enthusiastic about Bitcoin sustaining this upward momentum.

The shift in geopolitical dynamics may pave the way for a renewed interest in cryptocurrencies. Watch closely as Bitcoin’s journey unfolds in the days to come.

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