Bitcoin price rebounds to $107,000 amid geopolitical tensions and upcoming Federal Reserve meeting

From Investing.com

June 17, 2025 02:02:00 AM:

Bitcoin’s price has recovered to $107,000, with investors closely watching tensions between Israel and Iran, as well as the upcoming Federal Reserve meeting. The cryptocurrency has been volatile in recent weeks, with prices swinging dramatically. The current price represents a rebound from previous lows.

Investors are keeping a close eye on geopolitical developments, as tensions between Israel and Iran have the potential to impact global markets. Additionally, the upcoming Federal Reserve meeting is expected to provide insight into the central bank’s plans for interest rates and monetary policy, which could influence Bitcoin prices.

Bitcoin’s price volatility has been a key focus for investors, as the cryptocurrency has experienced significant swings in recent weeks. The current recovery to $107,000 comes after a period of uncertainty and downward pressure on prices. Analysts are closely monitoring market trends and geopolitical events for potential impacts on Bitcoin’s value.

Read more at Investing.com: Bitcoin price today: recovers to $107k with Israel-Iran, Fed meeting in focus