From Financial Modeling Prep: 2025-06-17 06:48:00

Bitcoin rebounded to $106,690.8 after dropping below $102,000 amid global tensions. Other cryptocurrencies also saw slight gains, but caution persists due to ongoing conflict between Israel and Iran. President Trump hinted at continued hostilities, with Iran cancelling nuclear talks with the U.S., narrowing diplomatic options.

As the conflict escalates, all eyes are on the Federal Reserve’s upcoming policy meeting. Market focus is on Chair Powell’s guidance amidst softening inflation and cooling economic indicators. Traders hope for dovish signals to support risk assets in the face of geopolitical uncertainty.

President Trump’s reported $600 million earnings in 2024, including from crypto ventures, draw scrutiny for potential conflicts of interest. His World Liberty token project alone raked in $57.35 million, raising questions about his administration’s crypto-friendly policies. Investors can track digital asset performance with the Cryptocurrency Daily and Historical Data APIs.



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