Bitcoin climbs to 107k as ‘War drums fade, risk appetite roaring’

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As Asia begins Thursday’s trading day,

Change hands over $ 107K, according to Coindesk market data, and Coindesk 20, a measure of the largest digital assets, just shy at 3000, an increase of 0.7%.

Looking back on the week that was, analysts and market observers look at what began as a sale of the Middle East tension, with Israel and Iran Trade in Rocket Fire and an American bomb campaign on Iran’s nuclear facilities, turned into a textbook that risks rally, one that lifts crypto, tech shares and wider market mood.

“War drums are fading, risk appetite roars,” QCP Capital wrote in its market for June 25, caught the sudden mood swing after days of escalating headlines. “Dealers seemed to have priced in a decision or simply stopped waiting for one. Instead of flight-to-security, the move was risk-on in full strength.”

This shift was visible across asset classes. US stocks rose, oil prices returned to levels before conflict, and the Coinbase share ran 12% on regulatory news.

For BTC, rebound signals over $ 107K not only relief but renewed momentum, even when investors keep one eye on the macro calendar and the other on global flame points.

“It’s been a week’s sharp swings in crypto,” said Gracie Lin, CEO of OKX Singapore. “Bitcoin dipped less than $ 100,000 earlier in the week when tensions in the Middle East rattled the markets, but rebounded quickly after news of a ceasefire-now acted just below its highest high in a sharp reversal.”

Lin points to a number of US financial data, including GDP and unemployment requirements that will come later this week as the next catalyst for BTC’s movement.

“The latest PMI numbers have kept stable, but still weakness in housing is to raise questions about the wider economy,” she said. “If Thursday’s GDP or unemployment requirement comes in weaker than expected, Bitcoin could benefit as investors look for hedges against traditional market weakness.”

In addition, the quarterly expiry of Bitcoin -Futures and Options on June 27, and the volatility could return. “Another seizure of volatility is expected,” Lin said.

QCP, meanwhile, looks beyond the swings of the week and highlights the structural forces that drive Bitcoin’s development into a macro -active.

From Procaps $ 386 million BTC purchases to Coinbas’s regulatory victory under MICA, Institutional Momentum continues to build.

“If this accumulation trend persists,” QCP wrote, “Bitcoin may not just rival gold as a macro hedge, but potentially in total market value.”

Still, QCP adds a note of caution: “Geopolitics are still an always present undercurrent.”

While the markets have largely withdrawn from renewed Israeli strikes, concerns have been achieved over NATO -Russia tensions. With Western nations that increase defense budgets and Trump to attend the NATO summit, the next geopolitical shock may not come from the Middle East.

Currently, the Bitcoin is running the wave of risk enthusiasm. But beneath the surface, the struggle between volatility and conviction, war drums and the purchase of Sprees continues to define the market.

Korean Cryptoinvestors favors society rather than capital, explains analyst

For overseas crypto projects, it is seen to have a Korean exchange such as upbit or Bithumb as a golden ticket, an instant liquidity injection and a validation milestone.

But this thinking can be part of the problem, Bradley Park, an analyst at Seoul-based DNTV research, explained in a recent interview with Coindesk.

At Korea Blockchain Week last year, Park continued to hear the same question from foreign teams:

“How do we get performed on a Korean exchange? “

Korean exchanges have deep liquidity pools and dealers in the country are known for their euphoric collections.

“Honestly, many of them are approaching it in the wrong way,” Park told Coindesk. “Instead of starting with listing applications is the better question: How can we really connect with Korean society?”

Park’s dissertation is simple: In Korea’s web3 market, the community is not a check box. That’s the core. Lists are often a result, not a measure, and the key signal for exchanges is real grassroots activity.

Take, for example, Newt. In the construction of his token generation event, Korean Degens lit platforms like Kaito with homework content, discussions and speculation.

“This grassroots tension translated directly into momentum,” Park said. “Both Upbit and Bithumb Listed Newt the same day. It wasn’t a coincidence. It was the result of weeks of ecological community building.”

But Park warns against seeing Newt as a flawless plan.

“It’s not a perfect model, but it shows how even a basic level of respect for Korean society can be translated into visible results,” he said.

“That said, the subsequent pricing and fading short -term excitement left the project with another challenge: Keeping the spark alive is as difficult as igniting it in the first place.”

Another example: Edward Park, a well -known Korean influencer and the early pudgy penguins proprietor sent about Newt in Korean who collected over 50,000 views. While it may not seem like much, it is the quality of the commitment that matters, Bradley Park argues.

He attributes to the individual post to catalyze a wave of commitment with other important stakeholders in Korea’s cryptosphere because of Edward Park’s confidence.

Projects that treat Korean users such as exit liquidity rather than stakeholders tend to be punished.

Park points to the case of Zora, where Korean users showed strong early participation, but acidified the project after a perceived unreasonable air drop.

“The interest in future base ecosystem projects fell. They failed to become viral in Korea because users thought they were not appreciated.”

Localization also matters, especially the language. Park contrasts two projects: Cookie that suffered from poorly translated low quality content created by outsiders, and Kaito, who invested in Korean-speaking staff and dedicated native-linguistic campaigns and then pumped according to its OPBIT list.

The lesson? If your go-to-market strategy starts with “Get Listed, Dump Tokens” don’t expect Korean users to play together.

“Even if your goal is to leave through a Korean exchange,” Park said, “so at least respect the Korean users, encourage their participation and recognize their contributions.”

Token lists driven by society are possible, but they are fragile.

“A listing strategy that is only focused on short -term liquidity will always have its boundaries,” Park said. “Without a plan to build lasting confidence, even the most explosive momentum will eventually burn out.”

Because in Korea, authenticity is not a mood. That’s the price of admission.

Market Movement:

• BTC: Bitcoin rose 1.46% to $ 107,600 as a ceasefire and $ 514 million. In institutional purchases, a rebound from SUB- $ 100K burned, with strong support for $ 107K and CD20 index up 1.4%.
• ETH: Ethereum rose 1.42% to $ 2,425.53, which rebuilding from recent low men as a ceasefire in the Middle East and continued whale accumulation increased market mood and helped defend Key $ 2,400 support, according to Coindesk Research’s technical analysis model.
• Gold: Gold angled up to $ 3,340.90 and silver for $ 35.79, when markets digested Israel-Iran-weapon’s weapon and dwelling global tensions, with Trade Nation’s David Morrison warned that the non-resolution trading issues in US China are still at risk.
• Nikkei 225: The Markets in the Asia Stock Ocean opened mixed on Thursday when investors weighed the Israeli-Iranian weapon, with Japan’s Nikkei 225 up 0.4%.
• S&P 500: The US stock futures were flat Wednesday with the S&P 500 near record highs, but analysts warned that geopolitics or black swan events could stop the rally.

Elsewhere in crypto:

• Tether CEO predicts that a Billion AI agents use Bitcoin and USDT for transactions within 15 years (The block)
• Animoca Brands’ Flagship Project Moca Network for Debut L1 for Digital Identity (Coindesk)
• Leading Crypto Senator sees the end of the year as the US legislative target (Coindesk)