Bitcoin Eyes $160K by Year-End as Market Cheers Middle East Ceasefire! ETH, SOL, ADA Poised to Rally

Bitcoin has bounced back in style — surging past $106,000 after briefly flirting with double-digit territory earlier this week. The rebound comes as risk sentiment improves across global markets, buoyed by a cooling of tensions in the Middle East, where the fragile ceasefire between Israel and Iran appears to be holding for now.

With macro uncertainty easing, investors are regaining confidence — and the king of crypto is leading the charge.

📈 Bitcoin ETF inflows have now crossed a whopping $46 billion, helping BTC recover from a steep weekend drop below $99K. According to Ryan Lee, Chief Analyst at Bitget Research, this sharp bounce reinforces Bitcoin’s growing reputation as a digital safe-haven, even if some caution still lingers.

“Bitcoin’s resilience is impressive. Though the initial drop spooked markets, the ETF flows and institutional support are keeping the floor strong,” said Lee. “We see BTC climbing to $110K–$115K by Q3 and potentially hitting $130K to $160K by year-end.”

🎯 As of today:

• Ethereum (ETH) is trading at $2,400, nudging closer to a critical resistance at $2,450, and Lee predicts a breakout to $2,600–$2,800 in the near term, with long-term targets as high as $5,500.

• Dogecoin (DOGE) holds steady at $0.16, showing a modest 0.6% uptick.

• Solana (SOL) dipped slightly to $145 (−0.2%), while Cardano (ADA) saw a sharper slide of 1.3%, retreating to $0.58 after testing $0.60 earlier this week.

📊 Across broader markets, Wall Street futures are in the green, riding on the momentum from Nasdaq 100’s fresh record close. Meanwhile, Asian equities extended gains for a third straight day, and U.S. Treasuries held firm following Fed Chair Jerome Powell’s latest remarks.

Powell emphasized that “many paths are possible” for the Fed’s next moves, bolstering hopes for rate cuts as consumer confidence data continues to weaken — another bullish signal for risk assets like crypto.

💬 According to Gadi Chait, Head of Investment at Xapo Bank, BTC’s lightning-fast recovery — leaping back above $105K in just 48 hours — is more than just a technical bounce.

“This isn’t just luck. We’re seeing a fundamental shift,” Chait noted. “Geopolitical tensions used to trigger panic selling. Now, institutional capital is stepping in to buy the dip, making downturns shorter and recoveries stronger.”

With global uncertainty easing (at least for now), rate cuts on the table, and ETFs providing robust inflows, Bitcoin and the broader crypto market look set to ride a renewed bullish wave into the second half of 2025.

Buckle up — the bull might just be back in town. 🐂🔥