On Tuesday evening, the price of Bitcoin (BTC) temporarily regained $96,000 after a new bullish surge amid this period of uncertainty. What factors explain this movement?
Bitcoin (BTC) rises again, exceeding $96,000
Last week, the price of Bitcoin (BTC) regained some momentum, briefly returning to $93,000. Later, in an article about significant inflows into US ETFs, we returned to a range between $80,600 and $95,000.
On Tuesday evening, BTC briefly broke out of this range to exceed $96,300 before correcting slightly. At the time of writing, the price of a bitcoin is $95,000, up 3.5% over the last 24 hours:
Once again, the percentages involved remain marginal, but the current levels are nevertheless a first since last November.
For the rest of the market, we are seeing some strong performances, such as ETH, which reached $3,300, up 6.2%, and ADA, which climbed 7.5% to over $0.42:
While some are already talking about a hypothetical return of BTC to $100,000, several factors may explain the movement. Beyond an attempt to break out of the range described above, which has yet to be confirmed, it should be noted that, at the same time, the S&P 500 is at record highs, reflecting a certain optimism among investors.
While the CLARITY Act is set to be the next major regulatory milestone for cryptocurrencies in the United States, Paul Atkins, Chairman of the Securities and Exchange Commission (SEC), praised the benefits of this framework on Tuesday on X:
The most important thing we can do for investors right now is to bring crypto-asset markets out of the regulatory gray area.
Outside of crypto, the possibility of further US intervention in Iran could also support the markets. According to the NGO Iran Human Rights, at least 734 protesters have been killed by the Islamic regime’s crackdown since the protest movement began on December 28. In this context, Donald Trump said that “it wouldn’t be a bad idea” for the United States’ allies to leave the country and that he thought “they should leave.” .” Earlier in the day, on his Truth Social media platform, he called on the Iranian people to continue protesting:
Iranian patriots, keep protesting, take back control of your institutions! Remember the names of the murderers and executioners. They will pay dearly. I have canceled all my meetings with Iranian officials until the senseless killing of protesters stops. Help is on the way.”
In June 2025, the United States struck Iranian nuclear facilities, leading to a ceasefire with Israel.
Pending further developments, Bitcoin ETFs recorded nearly $754 million in net inflows on Tuesday, while liquidations on crypto derivatives totaled $685.5 million over 24 hours, 86.5% of which were short positions.
