Bitcoin Holds Above $104K After Iran Retaliation

• Bitcoin Price Surpasses $105K Today After Tension
• HYPE soars 8% and approaches new all-time high
• Cryptocurrency market recovers $60 billion in value

Bitcoin's price today (14/06/2025) remains above $104, even after Iran launched a retaliatory attack against Israel. The cryptocurrency, which faced strong volatility during the week, shows resilience in the face of geopolitical tensions. At the time of publication, the price of BTC was quoted at $104.800,00 with a drop of 0,5% in the last 24 hours.

Earlier this week, Bitcoin had broken out of the consolidation range of the past few days, reaching $110 on Monday. Despite its initial strength, the asset retreated after the release of economic data from the United States and in the face of new concerns surrounding the Middle East.

Israel's attack on Iran on Thursday night caused an immediate drop in the price of BTC, which reached a low of $103. On Friday, however, Bitcoin recovered some of its losses and returned to trading above $105, even after the Iranian retaliation.

Analysts point out that Bitcoin's market value has jumped to around $2,1 trillion, representing a 61,5% dominance over other cryptocurrencies. Despite the recovery, there are warnings in the market about the possibility of further declines if the asset loses the psychological support of $100.

Meanwhile, several altcoins also showed recovery over the past 24 hours. Ethereum is back above $2.500, while Ripple’s token held support near $2,15. Other cryptos such as Solana (SOL), Dogecoin (DOGE), Cardano (ADA) and Avalanche (AVAX) also registered slight gains.

The highlight among altcoins was HYPE, which advanced almost 8%, reaching close to its all-time high of US$43. Among the other positive highlights of the day, assets such as WBT, Fartcoin, PI and ICP appear.

The total cryptocurrency market cap has recovered around $60 billion in the past few hours, returning to the $3,4 trillion range.