Bitcoin reclaims $108k amid upward consolidation as war tensions show signs of easing

  • Bitcoin (BTC) reclaimed the $108,000 threshold on June 16 as tensions of war escalating in the Middle East fell after Iran signaled it was open to negotiations with the US and Israel. Bitcoin's move up regained the price level surrendered on June 12 while markets processed the initial flare-up in Israeli-Iranian hostilities.