Crypto Crash: Will Bitcoin and Altcoins Bounce Back?

Jakarta, Pintu News – On Monday, June 23, the crypto market took another dip, but there are indications that Bitcoin (BTC) and other altcoins may soon rebound.

Bitcoin (BTC) traded at $101,000, up from Sunday’s low of $98,230, while Ethereum (ETH) rose to $2,250. Total liquidations fell to $624 million, with over 181,384 traders liquidated.

Check out the full analysis here!

Iran-Israel Crisis Potentially Eases

The escalating crisis between Israel and Iran could be one of the reasons for the recovery of Bitcoin (BTC) and other altcoins. Israel has stated its goal of preventing Iran from acquiring nuclear weapons, and the strikes ordered by Donald Trump against three nuclear sites may have achieved that goal.

Furthermore, Iran is unlikely to escalate tensions with the United States after Trump warned about regime change while undermining Iran’s military power through Israeli strikes over the past week.

The possibility of a ceasefire is one of the reasons why US stock indices such as the Dow Jones and the S&P 500 have not changed much, and why crude oil prices have decreased from $81 to $76. This stability could provide a positive boost to the currently depressed crypto market.

Read also: Strategy Adds $26 Million to Bitcoin (BTC) Collection!

History of Recovery after Major Events

Historically, Bitcoin (BTC), altcoins, and the stock market have tended to decline after major geopolitical events but have always managed to rebound as the market begins to adapt to new conditions.

For example, Bitcoin (BTC) dropped to $74,500 in April after the Liberation Day speech by Donald Trump, who announced high tariffs on all imports to the US. Less than a month later, Bitcoin (BTC) surged to a record high of $111,900. Bitcoin (BTC) and other cryptos also experienced a sharp drop after Russia’s invasion of Ukraine but later recovered.

At the start of the COVID pandemic, Bitcoin (BTC) and altcoins crashed before rallying to new record highs within months. The US stock market also experienced something similar during the dot-com bubble and Global Financial Crisis, only to bounce back.

Also read: Litecoin (LTC) Getting Ready to Surge? Check out the Huge Potential Behind the $80 Price!

Strong Fundamentals as Basis for Recovery

Bitcoin (BTC) and Ethereum (ETH) have strong fundamentals, supported by growing ETF demand and decreasing supply on exchanges. Bitcoin ETFs added more than $1 billion in assets last week, bringing total inflows to $46.6 billion.

Institutional interest has also increased, with Strategy adding 245 BTC last week, making it the world’s largest Bitcoin holder with a total of 592,345 coins. Other companies such as Trump Media, The Blockchain Group, and GameStop continue to accumulate Bitcoin (BTC).

Meanwhile, the supply of Ethereum (ETH) on exchanges continues to decline. The dynamics of supply and demand for Bitcoin (BTC) and Ethereum (ETH) indicate a potential rebound in the coming weeks.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. Crypto Crash: Top 3 Reasons Bitcoin and Altcoins May Rebound. Accessed on June 24, 2025
• Featured Image: Generated by Ai